https://www.taxtmi.com/acts?id=2048 Regulation 6 permits an Overseas Corporate Body to enter into a rupee-based forward contract with an Authorised Dealer in India to hedge specified existing exposures. These include dividends on existing Indian share investments, balances in existing Foreign Currency Non-Resident or Non-resident External Rupee term deposit accounts, and eligible existing Portfolio Investment Scheme investments. Hedging of Portfolio Investment Scheme investments is subject to the applicable terms and conditions governing derivative contracts. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 10 Sep 2026 12:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2048 Regulation 6 permits an Overseas Corporate Body to enter into a rupee-based forward contract with an Authorised Dealer in India to hedge specified existing exposures. These include dividends on existing Indian share investments, balances in existing Foreign Currency Non-Resident or Non-resident External Rupee term deposit accounts, and eligible existing Portfolio Investment Scheme investments. Hedging of Portfolio Investment Scheme investments is subject to the applicable terms and conditions governing derivative contracts. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2048