https://www.taxtmi.com/circulars?id=1832 Registered Foreign Venture Capital Investors are authorised to invest in Indian Venture Capital Undertakings and Venture Capital Funds pursuant to the amendment to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 by Notification No.FEMA 32/2000-RB dated 26 December 2000; authorised dealers must inform constituents, and these directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, with penalties for non-compliance. en-us Sat, 06 Jan 2001 00:00:00 +0530 Fri, 03 Oct 2008 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1832 Registered Foreign Venture Capital Investors are authorised to invest in Indian Venture Capital Undertakings and Venture Capital Funds pursuant to the amendment to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 by Notification No.FEMA 32/2000-RB dated 26 December 2000; authorised dealers must inform constituents, and these directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999, with penalties for non-compliance. Circulars FEMA Sat, 06 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1832