https://www.taxtmi.com/acts?id=2088 Regulation 4 permits a person resident in India to purchase foreign securities from funds in a Resident Foreign Currency (RFC) account, to acquire bonus shares on such foreign securities as permitted by law, to purchase from foreign currency resources when not permanently resident, and to sell foreign securities acquired under these permitted routes; it also defines "not permanently resident" to cover residents in India for specified-duration employment or assignments within a short-term limit. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 20 Jun 2025 09:27:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2088 Regulation 4 permits a person resident in India to purchase foreign securities from funds in a Resident Foreign Currency (RFC) account, to acquire bonus shares on such foreign securities as permitted by law, to purchase from foreign currency resources when not permanently resident, and to sell foreign securities acquired under these permitted routes; it also defines "not permanently resident" to cover residents in India for specified-duration employment or assignments within a short-term limit. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2088