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 Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>FEMA Regulations: Rules for Overseas Investments by Indian Residents, Reporting Requirements, and Prohibited Jurisdictions Explained.</h1> The regulations under the Foreign Exchange Management Act (FEMA) concerning overseas investments by persons resident in India. It provides general permissions for holding or investing in foreign currency, securities, or properties acquired or inherited while the person was a non-resident. It details the conditions under which rights issues and bonus shares in foreign entities can be acquired, and the necessity of reporting such acquisitions. The rules prohibit investments in certain jurisdictions without prior approval from the Central Government. Exemptions are specified for certain investments, and a No Objection Certificate is required for individuals with non-performing assets or under investigation before making financial commitments abroad.
TaxTMI 
