https://www.taxtmi.com/circulars?id=55733 Foreign investment in stock exchanges, derivative exchanges, depositories and clearing corporations is permitted up to forty-nine percent of equity under the automatic route. Such investment, including by FPIs, is subject to the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, the SEBI (Depositories and Participants) Regulations, 1996, and other guidelines/regulations issued by the Central Government, SEBI and the Reserve Bank of India as amended. Undefined terms in these regulations shall have the meanings assigned in the Companies Act, the Securities Contracts (Regulation) Act, the SEBI Act, the Depositories Act or the relevant SEBI regulations. en-us Mon, 20 Feb 2017 00:00:00 +0530 Mon, 06 Mar 2017 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55733 Foreign investment in stock exchanges, derivative exchanges, depositories and clearing corporations is permitted up to forty-nine percent of equity under the automatic route. Such investment, including by FPIs, is subject to the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, the SEBI (Depositories and Participants) Regulations, 1996, and other guidelines/regulations issued by the Central Government, SEBI and the Reserve Bank of India as amended. Undefined terms in these regulations shall have the meanings assigned in the Companies Act, the Securities Contracts (Regulation) Act, the SEBI Act, the Depositories Act or the relevant SEBI regulations. Circulars FEMA Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55733