https://www.taxtmi.com/circulars?id=11703 The Master Circular consolidates RBI rules under FEMA governing foreign investment in India: permitted instruments (equity, fully and mandatorily convertible debentures/preference shares), two entry routes (Automatic and Government), investor eligibility, pricing and payment modalities (including conversions of ECBs, royalty/technical fees and import payables into equity), sectoral caps and prohibited activities, and detailed reporting and documentation requirements (FC GPR, FC TRS, KYC, auditor/secretary certificates). It also compiles PIS, FVCI, ADR/GDR/IDR, escrow and account rules, monitoring obligations of AD banks/custodians and annexed sectoral schedules. en-us Mon, 02 Jul 2012 00:00:00 +0530 Tue, 03 Jul 2012 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11703 The Master Circular consolidates RBI rules under FEMA governing foreign investment in India: permitted instruments (equity, fully and mandatorily convertible debentures/preference shares), two entry routes (Automatic and Government), investor eligibility, pricing and payment modalities (including conversions of ECBs, royalty/technical fees and import payables into equity), sectoral caps and prohibited activities, and detailed reporting and documentation requirements (FC GPR, FC TRS, KYC, auditor/secretary certificates). It also compiles PIS, FVCI, ADR/GDR/IDR, escrow and account rules, monitoring obligations of AD banks/custodians and annexed sectoral schedules. Circulars FEMA Mon, 02 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11703