https://www.taxtmi.com/notifications?id=119366 A person resident in India may enter into a foreign exchange derivative contract, including for hedging risk exposure, in respect of a transaction permitted under the Foreign Exchange Management Act, 1999, and associated rules, regulations, directions or orders. Standalone options may be written against an underlying foreign exchange exposure, including cross-currency options not involving the rupee and foreign currency-rupee options, where the underlying transaction permits the sale or purchase of foreign currency. Such option contracts remain subject to conditions stipulated by the Reserve Bank. en-us Wed, 01 Jun 2016 00:00:00 +0530 Fri, 11 Sep 2026 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119366 A person resident in India may enter into a foreign exchange derivative contract, including for hedging risk exposure, in respect of a transaction permitted under the Foreign Exchange Management Act, 1999, and associated rules, regulations, directions or orders. Standalone options may be written against an underlying foreign exchange exposure, including cross-currency options not involving the rupee and foreign currency-rupee options, where the underlying transaction permits the sale or purchase of foreign currency. Such option contracts remain subject to conditions stipulated by the Reserve Bank. Notifications FEMA Wed, 01 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119366