https://www.taxtmi.com/circulars?id=2765 Direct investment by residents in a joint venture (JV) or wholly owned subsidiary (WOS) abroad is authorised under the foreign exchange regulatory framework and applicable notifications; this circular consolidates existing instructions and source circulars concerning such direct investments and is issued with a limited-duration sunset clause after which it will be withdrawn and replaced by an updated master circular, with authorised dealers and persons dealing in foreign exchange expected to follow the consolidated instructions. en-us Mon, 02 Jul 2007 00:00:00 +0530 Tue, 30 Sep 2008 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2765 Direct investment by residents in a joint venture (JV) or wholly owned subsidiary (WOS) abroad is authorised under the foreign exchange regulatory framework and applicable notifications; this circular consolidates existing instructions and source circulars concerning such direct investments and is issued with a limited-duration sunset clause after which it will be withdrawn and replaced by an updated master circular, with authorised dealers and persons dealing in foreign exchange expected to follow the consolidated instructions. Circulars FEMA Mon, 02 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2765