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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Expands Rupee Bond Investment: Multilateral and Regional Financial Institutions Can Now Invest Overseas.</h1> The circular addresses Authorized Dealer Category-I banks regarding the issuance of Rupee denominated bonds overseas. It allows Multilateral and Regional Financial Institutions, where India is a member, to invest in these bonds, expanding investor options for Indian entities. Existing provisions from previous circulars remain unchanged, and banks are instructed to inform their clients about this update. The changes are effective immediately, with relevant updates to the Master Direction reflecting these modifications. These directions are issued under the Foreign Exchange Management Act, 1999, and do not override any other legal permissions or approvals required.
TaxTMI 
TaxTMI 
