Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Seventh Amendment) Regulations, 2003

Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Seventh Amendment) Regulations, 2003 https://www.taxtmi.com/notifications?id=3766 The Reserve Bank amends Regulation 6(2) to (i) cap total commitments in Joint Ventures and Wholly Owned Subsidiaries in Myanmar and specified SAARC countries (excluding Nepal, Bhutan and Pakistan) by imposing an annual ceiling, and (ii) raise the monetary threshold in clause (ii) previously stated as Rupees 350 crores to a higher national threshold; the amendments take effect on publication in the Official Gazette. en-us Wed, 15 Jan 2003 00:00:00 +0530 Wed, 15 Jul 2009 15:38:00 +0530 TaxTMI RSS Generator Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Seventh Amendment) Regulations, 2003 https://www.taxtmi.com/notifications?id=3766 The Reserve Bank amends Regulation 6(2) to (i) cap total commitments in Joint Ventures and Wholly Owned Subsidiaries in Myanmar and specified SAARC countries (excluding Nepal, Bhutan and Pakistan) by imposing an annual ceiling, and (ii) raise the monetary threshold in clause (ii) previously stated as Rupees 350 crores to a higher national threshold; the amendments take effect on publication in the Official Gazette. Notifications FEMA Wed, 15 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3766