FEMA (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) (THIRD AMENDMENT) REGULATIONS, 2012 – AMENDMENT IN REGULATION 9, SCHEDULES 1 & 4

FEMA (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) (THIRD AMENDMENT) REGULATIONS, 2012 – AMENDMENT IN REGULATION 9, SCHEDULES 1 & 4 https://www.taxtmi.com/notifications?id=25204 The amendment removes provisos requiring prior Central Government permission for transferees with existing ventures or collaborations, revises Schedule 1 to allow share issuance against SEZ capital goods subject to valuation by a Development Commissioner-Customs Committee, and substitutes paragraph 3 to delineate circumstances requiring FIPB approval for issuance to non-residents, including specified activities, issuance beyond sectoral limits, share swaps, issuance against capital goods or preoperative expenses, and updates the list of sectors prohibited for FDI in Annex A. en-us Mon, 23 Apr 2012 00:00:00 +0530 Mon, 31 Dec 2012 13:19:00 +0530 TaxTMI RSS Generator FEMA (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) (THIRD AMENDMENT) REGULATIONS, 2012 – AMENDMENT IN REGULATION 9, SCHEDULES 1 & 4 https://www.taxtmi.com/notifications?id=25204 The amendment removes provisos requiring prior Central Government permission for transferees with existing ventures or collaborations, revises Schedule 1 to allow share issuance against SEZ capital goods subject to valuation by a Development Commissioner-Customs Committee, and substitutes paragraph 3 to delineate circumstances requiring FIPB approval for issuance to non-residents, including specified activities, issuance beyond sectoral limits, share swaps, issuance against capital goods or preoperative expenses, and updates the list of sectors prohibited for FDI in Annex A. Notifications FEMA Mon, 23 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/notifications?id=25204