Retention of ADR/GDR proceeds abroad permitted: firms may hold and invest foreign proceeds in specified rated bank and treasury instruments, subject to reporting.
Indian issuers of ADRs/GDRs may retain proceeds abroad to meet future forex needs and may invest those funds in deposits or certificates of deposit with banks rated not less than AA(-)/Aa3, deposits with branches outside India of authorised dealers, and treasury bills and monetary instruments of up to one year maturity meeting the same rating criteria; corporates must report details in soft copy to the Chief General Manager, Exchange Control Department within 30 days of issue closure.

Removal of monetary cap on ESOP remittances permits resident individuals to acquire foreign securities under specified conditions.
Authorised dealers may permit resident individuals to remit for purchase of foreign securities under ESOP schemes without a specified monetary limit, subject to the shares being offered at a concessional price and the foreign equity in the Indian company meeting a majority ownership requirement; the relaxation is interim and subject to review, with regulatory amendments to follow and directions issued under the Foreign Exchange Management Act.

Repatriation limit for NRI/PIO and foreign-national assets liberalised, with enhanced annual remittances subject to undertaking and exclusions.
Authorised dealers may allow repatriation from NRO accounts and sale proceeds of assets up to USD 1 million per calendar year for NRIs/PIOs and foreign nationals, consolidating prior purpose-specific limits and requiring the undertaking and certificate prescribed in earlier circulars. Prohibition on repatriation to citizens of specified countries continues, the measure is time-limited and subject to review, and necessary amendments to the Foreign Exchange Management Regulations, 2000 are being issued.

Overseas investment relaxations allow residents to invest in specified foreign listed companies subject to conditions and reporting.
Residents may invest in equity of foreign companies listed on recognised exchanges where those companies hold at least ten per cent in an Indian listed company; corporates' investments are limited by a ceiling tied to net worth, individuals may invest without monetary limit, and mutual funds may invest subject to enhanced overall external limits and prior regulatory permissions. All transactions must be routed through authorised dealers, who must verify conditions, retain investor and investment details, and submit monthly remittance and net investment reports to the Reserve Bank.

Advance remittances for services: authorised dealers may permit higher payments subject to overseas bank guarantees and repatriation compliance.
Authorised dealers may allow advance remittances for admissible current account imports of services up to an increased threshold without prior central approval. For advance amounts exceeding that threshold, a bank guarantee from a bank of international repute or an authorised dealer guarantee backed by an overseas counter guarantee must be obtained, and dealers must ensure contractual performance by the beneficiary or secure repatriation of the advance.