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        Case ID :

        (I) Scheme for Investment by Qualified Foreign Investors in equity shares (II) Scheme for Investment by Qualified Foreign Investors in Rupee Denominated Units of Domestic Mutual Funds – Revision

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        Qualified foreign investor access to Indian equities permitted with repatriation, single rupee pool account and compliance conditions. Allows qualified foreign investors to invest in Indian equity shares and rupee denominated mutual fund units through SEBI registered depository participants with transactions routed via a single rupee pool bank account maintained by the DP; funds, sale proceeds and dividends credited to that account must be utilized for fresh purchases or repatriated within five working days. Investments require dedicated demat accounts, SEBI KYC compliance, FATF jurisdiction and IOSCO MOU eligibility, adherence to individual and aggregate investment limits and sectoral caps, pricing under SEBI rules, and reporting to SEBI and the Reserve Bank of India.
                Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                  Provisions expressly mentioned in the judgment/order text.

                      Qualified foreign investor access to Indian equities permitted with repatriation, single rupee pool account and compliance conditions.

                      Allows qualified foreign investors to invest in Indian equity shares and rupee denominated mutual fund units through SEBI registered depository participants with transactions routed via a single rupee pool bank account maintained by the DP; funds, sale proceeds and dividends credited to that account must be utilized for fresh purchases or repatriated within five working days. Investments require dedicated demat accounts, SEBI KYC compliance, FATF jurisdiction and IOSCO MOU eligibility, adherence to individual and aggregate investment limits and sectoral caps, pricing under SEBI rules, and reporting to SEBI and the Reserve Bank of India.





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                      ActsIncome Tax
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