https://www.taxtmi.com/news?id=2378 Paragraph 3.3.2.1 of Circular 2 of 2011, which had limited eligible FDI instruments to equity shares and fully, compulsorily and mandatorily convertible instruments with no in built options and treated instruments with in built options or third party sold options as losing equity character and falling under ECB guidelines, is deleted; the corrected Circular is available from the Department of Industrial Policy and Promotion. en-us Mon, 31 Oct 2011 16:29:30 +0530 Mon, 31 Oct 2011 16:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2378 Paragraph 3.3.2.1 of Circular 2 of 2011, which had limited eligible FDI instruments to equity shares and fully, compulsorily and mandatorily convertible instruments with no in built options and treated instruments with in built options or third party sold options as losing equity character and falling under ECB guidelines, is deleted; the corrected Circular is available from the Department of Industrial Policy and Promotion. News - Mon, 31 Oct 2011 16:29:30 +0530 https://www.taxtmi.com/news?id=2378