https://www.taxtmi.com/acts?id=2393 Persons resident outside India may enter into forwards, options, swaps or related foreign exchange derivative contracts with authorised dealers to hedge currency risk arising from investments, dividends, FCNR/NRE balances, external commercial borrowings, trade flows and proposed foreign direct investments in India. Hedging is subject to RBI stipulated conditions including limits tied to market value of underlying exposures, funding of hedge costs from repatriable funds or inward remittances, tax netting on outward remittances, and rules on cancellation, rebooking or rollover of contracts. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 19 Jun 2025 11:05:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2393 Persons resident outside India may enter into forwards, options, swaps or related foreign exchange derivative contracts with authorised dealers to hedge currency risk arising from investments, dividends, FCNR/NRE balances, external commercial borrowings, trade flows and proposed foreign direct investments in India. Hedging is subject to RBI stipulated conditions including limits tied to market value of underlying exposures, funding of hedge costs from repatriable funds or inward remittances, tax netting on outward remittances, and rules on cancellation, rebooking or rollover of contracts. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2393