https://www.taxtmi.com/acts?id=2108 Indian residents may acquire foreign securities by gift, inheritance, or under ESOPs without remittance from India; employees/directors may accept ESOP shares if offers are globally uniform and the Indian company files an Annual Return through an Authorised Dealer. Authorised Dealers may allow remittances for ESOP purchases and transfers; sale proceeds must be repatriated immediately on receipt and within the prescribed short period. Foreign issuers may repurchase shares subject to FEMA compliance and Annual Return filing. Domestic Depositories may hold underlying shares for IDRs and redemption is subject to conditions on holding or sale of underlying shares. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 21 Jun 2025 10:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2108 Indian residents may acquire foreign securities by gift, inheritance, or under ESOPs without remittance from India; employees/directors may accept ESOP shares if offers are globally uniform and the Indian company files an Annual Return through an Authorised Dealer. Authorised Dealers may allow remittances for ESOP purchases and transfers; sale proceeds must be repatriated immediately on receipt and within the prescribed short period. Foreign issuers may repurchase shares subject to FEMA compliance and Annual Return filing. Domestic Depositories may hold underlying shares for IDRs and redemption is subject to conditions on holding or sale of underlying shares. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2108