https://www.taxtmi.com/acts?id=20776 Companies and specified bodies corporate cannot accept fresh repatriable deposits from non-resident Indians or persons of Indian origin, though previously accepted deposits may be renewed subject to applicable conditions. Companies, bodies corporate, proprietary concerns and firms may accept deposits from such persons on a non-repatriation basis, subject to prescribed conditions. The former mechanism for accepting deposits through commercial paper issued to specified non-resident investors has been omitted. en-us Thu, 07 Apr 2016 12:01:17 +0530 Tue, 08 Sep 2026 16:20:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20776 Companies and specified bodies corporate cannot accept fresh repatriable deposits from non-resident Indians or persons of Indian origin, though previously accepted deposits may be renewed subject to applicable conditions. Companies, bodies corporate, proprietary concerns and firms may accept deposits from such persons on a non-repatriation basis, subject to prescribed conditions. The former mechanism for accepting deposits through commercial paper issued to specified non-resident investors has been omitted. Act-Rules FEMA Thu, 07 Apr 2016 12:01:17 +0530 https://www.taxtmi.com/acts?id=20776