https://www.taxtmi.com/acts?id=37889 Indian entities, mutual funds, venture capital funds, firms, associations of persons and proprietary concerns are prohibited from receiving or recording investments from persons resident outside India, except where the Reserve Bank, on application and for sufficient reasons, permits such receipt or recordation and may impose conditions on the permission. en-us Sat, 19 Oct 2019 13:13:33 +0530 Wed, 04 Jun 2025 11:06:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37889 Indian entities, mutual funds, venture capital funds, firms, associations of persons and proprietary concerns are prohibited from receiving or recording investments from persons resident outside India, except where the Reserve Bank, on application and for sufficient reasons, permits such receipt or recordation and may impose conditions on the permission. Act-Rules FEMA Sat, 19 Oct 2019 13:13:33 +0530 https://www.taxtmi.com/acts?id=37889