https://www.taxtmi.com/circulars?id=2646 The aggregate ceiling for overseas investment by mutual funds registered with SEBI has been increased with immediate effect; investments must comply with the terms and operational guidelines issued by SEBI and continue to be subject to monthly statistical reporting to the Reserve Bank. Authorised Dealer Category I banks are directed to inform constituents, and the directions are issued under FEMA sections 10(4) and 11(1), without prejudice to other legal permissions. en-us Tue, 08 May 2007 00:00:00 +0530 Mon, 06 Oct 2008 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2646 The aggregate ceiling for overseas investment by mutual funds registered with SEBI has been increased with immediate effect; investments must comply with the terms and operational guidelines issued by SEBI and continue to be subject to monthly statistical reporting to the Reserve Bank. Authorised Dealer Category I banks are directed to inform constituents, and the directions are issued under FEMA sections 10(4) and 11(1), without prejudice to other legal permissions. Circulars FEMA Tue, 08 May 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2646