https://www.taxtmi.com/notifications?id=119366 Residents in India may enter into foreign exchange derivative contracts to hedge or otherwise in respect of transactions permissible under the Foreign Exchange Management Act, in accordance with Schedule I, and Schedule I is amended to permit writing standalone options: cross currency options (excluding the rupee) and foreign currency-rupee options through authorised dealers against permitted underlying foreign exchange exposures, subject to terms and conditions stipulated by the Reserve Bank of India. en-us Wed, 01 Jun 2016 00:00:00 +0530 Tue, 07 Jun 2016 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119366 Residents in India may enter into foreign exchange derivative contracts to hedge or otherwise in respect of transactions permissible under the Foreign Exchange Management Act, in accordance with Schedule I, and Schedule I is amended to permit writing standalone options: cross currency options (excluding the rupee) and foreign currency-rupee options through authorised dealers against permitted underlying foreign exchange exposures, subject to terms and conditions stipulated by the Reserve Bank of India. Notifications FEMA Wed, 01 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119366