TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Foreign Exchange Derivative Contracts Restricted: Non-Resident Hedging Permissions Eliminated Under FEMA Regulatory Changes</h1> The regulation previously allowed persons resident outside India to enter into foreign exchange derivative contracts with Indian residents to hedge permissible transaction risks, in accordance with Schedule II provisions under the Foreign Exchange Management Act. The specific provision has been omitted through a notification dated 18-02-2020, effectively removing the prior regulatory framework for such derivative contracts.
TaxTMI 
TaxTMI 
