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    <title>Mode of Payment and Remittance of sale Proceeds</title>
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    <description>Regulation 3 prescribes the permitted modes of payment and remittance of sale or maturity proceeds for specified non-debt instrument transactions under the Foreign Exchange Management framework. It sets out schedule-wise rules for equity instruments, portfolio investments, investments by individuals, NRIs, OCIs, foreign venture capital investors, investment vehicles, Indian depository receipts, convertible notes, and permissible equity subscriptions on international exchanges, with each class governed by the account type, remittance channel, and repatriation treatment applicable to that category. The regulation also distinguishes between repatriable and non-repatriable investments, including the treatment of sale proceeds, disinvestment proceeds, and account-credit restrictions.</description>
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    <pubDate>Sat, 19 Oct 2019 13:22:29 +0530</pubDate>
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      <title>Mode of Payment and Remittance of sale Proceeds</title>
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      <pubDate>Sat, 19 Oct 2019 13:22:29 +0530</pubDate>
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