https://www.taxtmi.com/notifications?id=127231 Authorised Dealers may allow SEBI-registered Foreign Portfolio Investors and Foreign Venture Capital Investors to maintain non-interest-bearing foreign currency accounts for permitted investments. The amendments also prescribe NRO-account access for specified minority-community citizens of Bangladesh or Pakistan residing in India, revise SNRR-account tenure, and replace the INR escrow-account framework for capital-instrument and convertible-note transactions. Escrow accounts are non-interest-bearing, subject to permitted credits and debits, ordinarily limited to six months, and may not support fund-based or non-fund-based facilities. en-us Fri, 09 Nov 2018 00:00:00 +0530 Tue, 08 Sep 2026 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127231 Authorised Dealers may allow SEBI-registered Foreign Portfolio Investors and Foreign Venture Capital Investors to maintain non-interest-bearing foreign currency accounts for permitted investments. The amendments also prescribe NRO-account access for specified minority-community citizens of Bangladesh or Pakistan residing in India, revise SNRR-account tenure, and replace the INR escrow-account framework for capital-instrument and convertible-note transactions. Escrow accounts are non-interest-bearing, subject to permitted credits and debits, ordinarily limited to six months, and may not support fund-based or non-fund-based facilities. Notifications FEMA Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127231