Foreign exchange management rules: new non debt instruments rules replace prior regulations and take effect on publication. The Central Government issues the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, effective from publication in the Official Gazette unless otherwise provided, thereby superseding prior regulations on transfer or issue of securities by non-residents and on acquisition and transfer of immovable property in India, while preserving prior acts or omissions.
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Foreign exchange management rules: new non debt instruments rules replace prior regulations and take effect on publication.
The Central Government issues the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, effective from publication in the Official Gazette unless otherwise provided, thereby superseding prior regulations on transfer or issue of securities by non-residents and on acquisition and transfer of immovable property in India, while preserving prior acts or omissions.
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