https://www.taxtmi.com/notifications?id=119869 Amendment adds clause (vii) to Regulation 6(2) prohibiting Indian parties from making direct investments in overseas entities set up or acquired as joint ventures, wholly owned subsidiaries, or step down subsidiaries located in jurisdictions identified by the FATF as non cooperative, according to the FATF list or as notified by the Reserve Bank of India. en-us Mon, 02 Jan 2017 00:00:00 +0530 Wed, 04 Jan 2017 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119869 Amendment adds clause (vii) to Regulation 6(2) prohibiting Indian parties from making direct investments in overseas entities set up or acquired as joint ventures, wholly owned subsidiaries, or step down subsidiaries located in jurisdictions identified by the FATF as non cooperative, according to the FATF list or as notified by the Reserve Bank of India. Notifications FEMA Mon, 02 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119869