Qualified Foreign Investor definition clarifies who falls within Section 194LD for withholding tax applicability under Indian law. For the purposes of section 194LD, the term Qualified Foreign Investor shall have the meaning assigned in SEBI Circular Cir/IMD/DF/14/2011 dated 9 August 2011, as amended from time to time; the SEBI circular's regulatory classification therefore determines who qualifies as a foreign investor for the withholding obligation under that provision.