https://www.taxtmi.com/circulars?id=4394 The Master Circular consolidates instructions permitting resident direct investments in Joint Ventures and Wholly Owned Subsidiaries abroad under the Foreign Exchange Management Act and related Notifications, directs authorised banks to apply the unified guidance, references an appendix of underlying circulars, and is issued with a sunset clause requiring replacement by an updated Master Circular after one year. en-us Tue, 01 Jul 2008 00:00:00 +0530 Tue, 30 Sep 2008 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4394 The Master Circular consolidates instructions permitting resident direct investments in Joint Ventures and Wholly Owned Subsidiaries abroad under the Foreign Exchange Management Act and related Notifications, directs authorised banks to apply the unified guidance, references an appendix of underlying circulars, and is issued with a sunset clause requiring replacement by an updated Master Circular after one year. Circulars FEMA Tue, 01 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4394