https://www.taxtmi.com/circulars?id=2083 Resident individuals employed by Indian offices or branches of majority foreign owned companies may acquire foreign securities under ESOPs without a concessional price condition, and may sell those shares without prior permission so long as the sale proceeds are repatriated to India; Authorised Dealers must permit remittances for acquisition per the offer and allow repatriation of proceeds, with implementing regulatory amendments to follow under FEMA authority. en-us Mon, 03 May 2004 00:00:00 +0530 Sat, 04 Oct 2008 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2083 Resident individuals employed by Indian offices or branches of majority foreign owned companies may acquire foreign securities under ESOPs without a concessional price condition, and may sell those shares without prior permission so long as the sale proceeds are repatriated to India; Authorised Dealers must permit remittances for acquisition per the offer and allow repatriation of proceeds, with implementing regulatory amendments to follow under FEMA authority. Circulars FEMA Mon, 03 May 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2083