Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India)(Fourth Amendment) Regulations, 2003

Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India)(Fourth Amendment) Regulations, 2003 https://www.taxtmi.com/notifications?id=3792 A Multilateral Development Bank specifically permitted by the Government of India to float rupee bonds may purchase Government dated securities. Payment for such purchases must be by inward remittance through normal banking channels or from funds in an account opened with specific Reserve Bank of India approval. On sale or maturity, the net proceeds after tax may be remitted abroad or credited to a fund account opened with prior RBI permission. en-us Mon, 27 Oct 2003 00:00:00 +0530 Sat, 28 Jun 2025 13:53:00 +0530 TaxTMI RSS Generator Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India)(Fourth Amendment) Regulations, 2003 https://www.taxtmi.com/notifications?id=3792 A Multilateral Development Bank specifically permitted by the Government of India to float rupee bonds may purchase Government dated securities. Payment for such purchases must be by inward remittance through normal banking channels or from funds in an account opened with specific Reserve Bank of India approval. On sale or maturity, the net proceeds after tax may be remitted abroad or credited to a fund account opened with prior RBI permission. Notifications FEMA Mon, 27 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3792