https://www.taxtmi.com/circulars?id=4181 The policy raises the permitted composite foreign holding in specified telecom services subject to an overall cap counted across direct and indirect instruments, with half yearly disclosure and FIPB approval where applicable; majority of board and key executive positions must be resident Indian citizens enforced through licence and shareholders' agreements; company constitutional documents must require compliance with licence conditions, and state security safeguards restrict transfer of subscriber and user data abroad, limit remote access, permit monitoring and confer cancellation powers for breaches. en-us Thu, 03 Nov 2005 00:00:00 +0530 Tue, 30 Sep 2008 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4181 The policy raises the permitted composite foreign holding in specified telecom services subject to an overall cap counted across direct and indirect instruments, with half yearly disclosure and FIPB approval where applicable; majority of board and key executive positions must be resident Indian citizens enforced through licence and shareholders' agreements; company constitutional documents must require compliance with licence conditions, and state security safeguards restrict transfer of subscriber and user data abroad, limit remote access, permit monitoring and confer cancellation powers for breaches. Circulars FEMA Thu, 03 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4181