https://www.taxtmi.com/circulars?id=53128 Annex B to Schedule 1 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 has been revised to align sector descriptions, entry norms, sectoral caps and conditions for FDI under the Automatic and Government routes with the Consolidated FDI Policy Circular of 2014. The Reserve Bank effected these changes via the Tenth Amendment Regulations, 2014, and directed Authorised Dealer Category I banks to inform their constituents; the directions are issued under sections 10(4) and 11(1) of FEMA, 1999 and remain subject to other statutory permissions. en-us Mon, 08 Dec 2014 00:00:00 +0530 Tue, 09 Dec 2014 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53128 Annex B to Schedule 1 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 has been revised to align sector descriptions, entry norms, sectoral caps and conditions for FDI under the Automatic and Government routes with the Consolidated FDI Policy Circular of 2014. The Reserve Bank effected these changes via the Tenth Amendment Regulations, 2014, and directed Authorised Dealer Category I banks to inform their constituents; the directions are issued under sections 10(4) and 11(1) of FEMA, 1999 and remain subject to other statutory permissions. Circulars FEMA Mon, 08 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53128