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    <title>Purchase/ Sale of Capital Instruments of a listed Indian company on a recognised stock exchange in India by Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) on repatriation basis [See Regulation 5(3)]</title>
    <link>https://www.taxtmi.com/acts?id=30912</link>
    <description>NRIs and OCIs may buy or sell listed Indian company capital instruments on a repatriation basis through an Authorised Dealer&#039;s designated branch, subject to individual holding limits of five percent and aggregate limits of ten percent (expandable to twenty four percent by special resolution). Payment must be by inward remittance or from an NRE (PIS) Account used exclusively for permitted transactions. Sale proceeds net of taxes may be repatriated or credited to the seller&#039;s NRE (PIS) account, and any NRO (PIS) designation shall be re designated as NRO.</description>
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    <pubDate>Mon, 13 Nov 2017 18:30:29 +0530</pubDate>
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      <title>Purchase/ Sale of Capital Instruments of a listed Indian company on a recognised stock exchange in India by Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) on repatriation basis [See Regulation 5(3)]</title>
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      <description>NRIs and OCIs may buy or sell listed Indian company capital instruments on a repatriation basis through an Authorised Dealer&#039;s designated branch, subject to individual holding limits of five percent and aggregate limits of ten percent (expandable to twenty four percent by special resolution). Payment must be by inward remittance or from an NRE (PIS) Account used exclusively for permitted transactions. Sale proceeds net of taxes may be repatriated or credited to the seller&#039;s NRE (PIS) account, and any NRO (PIS) designation shall be re designated as NRO.</description>
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      <pubDate>Mon, 13 Nov 2017 18:30:29 +0530</pubDate>
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