https://www.taxtmi.com/circulars?id=11452 Allows qualified foreign investors to invest in Indian equity shares and rupee denominated mutual fund units through SEBI registered depository participants with transactions routed via a single rupee pool bank account maintained by the DP; funds, sale proceeds and dividends credited to that account must be utilized for fresh purchases or repatriated within five working days. Investments require dedicated demat accounts, SEBI KYC compliance, FATF jurisdiction and IOSCO MOU eligibility, adherence to individual and aggregate investment limits and sectoral caps, pricing under SEBI rules, and reporting to SEBI and the Reserve Bank of India. en-us Fri, 13 Jan 2012 00:00:00 +0530 Fri, 13 Jan 2012 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11452 Allows qualified foreign investors to invest in Indian equity shares and rupee denominated mutual fund units through SEBI registered depository participants with transactions routed via a single rupee pool bank account maintained by the DP; funds, sale proceeds and dividends credited to that account must be utilized for fresh purchases or repatriated within five working days. Investments require dedicated demat accounts, SEBI KYC compliance, FATF jurisdiction and IOSCO MOU eligibility, adherence to individual and aggregate investment limits and sectoral caps, pricing under SEBI rules, and reporting to SEBI and the Reserve Bank of India. Circulars FEMA Fri, 13 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11452