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of <h1>RBI issues regulations under FEMA 1999 for non-debt instrument investments by non-residents</h1> The Reserve Bank of India issued regulations under the Foreign Exchange Management Act, 1999 governing payment methods and reporting requirements for non-debt instrument investments in India by non-resident persons. The Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 were notified and became effective upon publication in the Official Gazette. These regulations establish the framework for compliance with investment procedures and reporting obligations for foreign exchange transactions involving non-debt instruments.
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