https://www.taxtmi.com/acts?id=30896 Restriction on investment by persons resident outside India bars such persons from making investments in India except as provided by the Act, its rules or regulations; investments validly held on commencement are deemed to be made under these Regulations. The Reserve Bank may, upon application and for sufficient reasons, permit an investment by a person resident outside India, subject to conditions it considers necessary. en-us Mon, 13 Nov 2017 18:22:21 +0530 Thu, 19 Jun 2025 17:03:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30896 Restriction on investment by persons resident outside India bars such persons from making investments in India except as provided by the Act, its rules or regulations; investments validly held on commencement are deemed to be made under these Regulations. The Reserve Bank may, upon application and for sufficient reasons, permit an investment by a person resident outside India, subject to conditions it considers necessary. Act-Rules FEMA Mon, 13 Nov 2017 18:22:21 +0530 https://www.taxtmi.com/acts?id=30896