https://www.taxtmi.com/circulars?id=1949 The Reserve Bank of India has liberalised Indian direct investment by raising the ceiling for investment in Myanmar and SAARC countries (excluding Pakistan) under the automatic route and increasing the rupee-denominated investment ceiling for Nepal and Bhutan; implementing amendments to the Foreign Exchange Management Regulations will be issued separately and authorised dealers must inform constituents, the directions being issued under the statutory FEMA framework. en-us Mon, 02 Dec 2002 00:00:00 +0530 Fri, 03 Oct 2008 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1949 The Reserve Bank of India has liberalised Indian direct investment by raising the ceiling for investment in Myanmar and SAARC countries (excluding Pakistan) under the automatic route and increasing the rupee-denominated investment ceiling for Nepal and Bhutan; implementing amendments to the Foreign Exchange Management Regulations will be issued separately and authorised dealers must inform constituents, the directions being issued under the statutory FEMA framework. Circulars FEMA Mon, 02 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1949