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>SEBI Modifies FII Re-Investment Rules: No Re-Investment for New Debt Limits, Existing Limits Expire by 2014.</h1> The circular issued by SEBI on January 3, 2012, addresses changes in the re-investment period for Foreign Institutional Investors (FIIs) in debt instruments. It states that the re-investment period will no longer be allowed for new debt limit allocations. Existing limits will expire either when sales reach twice the current debt portfolio size or by January 2, 2014. FIIs can retain debt investments beyond these thresholds but cannot reinvest sales or redemptions. For long-term infrastructure debt, similar rules apply, with provisions for transferring limits during the lock-in period. FIIs must coordinate with custodians to implement these changes.
TaxTMI 
TaxTMI 
