https://www.taxtmi.com/acts?id=20750 Non-residents are prohibited from opening a branch, liaison, project office, or any other place of business in India without prior approval of the Reserve Bank; exemptions apply where foreign banks and insurers hold applicable regulatory approvals, and where branch offices in Special Economic Zones operate in sectors permitting full foreign investment, comply with companies law, and function on a stand-alone basis. en-us Wed, 06 Apr 2016 12:22:40 +0530 Tue, 17 Jun 2025 12:11:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20750 Non-residents are prohibited from opening a branch, liaison, project office, or any other place of business in India without prior approval of the Reserve Bank; exemptions apply where foreign banks and insurers hold applicable regulatory approvals, and where branch offices in Special Economic Zones operate in sectors permitting full foreign investment, comply with companies law, and function on a stand-alone basis. Act-Rules FEMA Wed, 06 Apr 2016 12:22:40 +0530 https://www.taxtmi.com/acts?id=20750