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>Definition of 'Security' in Section 2(za) of FEMA 1999: Shares, Bonds, Mutual Funds, Excludes Bills, Promissory Notes.</h1> Security, as defined in section 2(za) of the Foreign Exchange Management Act, 1999, encompasses shares, stocks, bonds, debentures, government securities, savings certificates, deposit receipts, and units of the Unit Trust of India or any mutual fund, including certificates of title to securities. It explicitly excludes bills of exchange, promissory notes (except government promissory notes), or any instruments not notified by the Reserve Bank as security under this Act.
TaxTMI 
