FEMA (Transfer or issue of Security by a Person Resident outside India) (Fifth Amendment) Regulations, 2012. - Amendment in Regulation 10 - Value of Security to be Transferred by the Donor Together with Any Security Transferred to Any Person Residing Outside India as gift during the financial year https://www.taxtmi.com/notifications?id=25374 Substitution to Regulation 10 (sub regulation A, clause (a), sub clause (e)) fixes that the value of securities transferred by a donor together with any securities transferred as gifts to persons residing outside India during a financial year shall not exceed the rupee equivalent of the prescribed foreign currency cap; the amendment takes effect from 15 September 2011 and is framed under the Foreign Exchange Management Act, with a clarification that retrospective effect will not adversely affect any person. en-us Tue, 25 Sep 2012 00:00:00 +0530 Tue, 22 Jan 2013 10:35:00 +0530 TaxTMI RSS Generator FEMA (Transfer or issue of Security by a Person Resident outside India) (Fifth Amendment) Regulations, 2012. - Amendment in Regulation 10 - Value of Security to be Transferred by the Donor Together with Any Security Transferred to Any Person Residing Outside India as gift during the financial year https://www.taxtmi.com/notifications?id=25374 Substitution to Regulation 10 (sub regulation A, clause (a), sub clause (e)) fixes that the value of securities transferred by a donor together with any securities transferred as gifts to persons residing outside India during a financial year shall not exceed the rupee equivalent of the prescribed foreign currency cap; the amendment takes effect from 15 September 2011 and is framed under the Foreign Exchange Management Act, with a clarification that retrospective effect will not adversely affect any person. Notifications FEMA Tue, 25 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/notifications?id=25374