https://www.taxtmi.com/circulars?id=8662 FIIs are authorised to cancel and rebook forward cover contracts up to an enhanced threshold of ten per cent of the market value of the portfolio as at the beginning of the financial year; other operational guidelines and terms and conditions remain unchanged. AD Category I authorised dealer banks must inform their constituents and customers. The direction is issued under the Foreign Exchange Management Act and is without prejudice to other statutory permissions or approvals. en-us Fri, 20 May 2011 00:00:00 +0530 Sat, 21 May 2011 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8662 FIIs are authorised to cancel and rebook forward cover contracts up to an enhanced threshold of ten per cent of the market value of the portfolio as at the beginning of the financial year; other operational guidelines and terms and conditions remain unchanged. AD Category I authorised dealer banks must inform their constituents and customers. The direction is issued under the Foreign Exchange Management Act and is without prejudice to other statutory permissions or approvals. Circulars FEMA Fri, 20 May 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8662