https://www.taxtmi.com/circulars?id=52282 Resident Indian parties may make overseas direct investments in JVs and WOS either under the Automatic Route or with prior Reserve Bank Approval; the framework prescribes the components to be reckoned as financial commitment, eligible funding sources, sectoral and activity-based prohibitions, valuation and reporting requirements, special conditions for financial sector investments, rules for guarantees and pledges, processes for transfers and write-offs, hedging permissions, and operational reporting through a designated authorised dealer branch with allotment and use of a Unique Identification Number. en-us Mon, 01 Jul 2013 00:00:00 +0530 Thu, 11 Jul 2013 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52282 Resident Indian parties may make overseas direct investments in JVs and WOS either under the Automatic Route or with prior Reserve Bank Approval; the framework prescribes the components to be reckoned as financial commitment, eligible funding sources, sectoral and activity-based prohibitions, valuation and reporting requirements, special conditions for financial sector investments, rules for guarantees and pledges, processes for transfers and write-offs, hedging permissions, and operational reporting through a designated authorised dealer branch with allotment and use of a Unique Identification Number. Circulars FEMA Mon, 01 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52282