https://www.taxtmi.com/acts?id=37900 Rule 2 sets out the interpretative framework for the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 by defining key terms such as FDI, foreign investment, foreign portfolio investment, non-debt instruments, equity instruments, Indian company, Indian entity, investment vehicle, sectoral cap, control, convertible note, hybrid securities, LLP, FPI, FVCI, and permissible jurisdiction. It also explains how partly paid shares, share warrants, beneficial ownership, repatriation basis, and indirect foreign investment are treated for classification and cap purposes, and provides that undefined expressions take their meaning from the Act, rules, and regulations. en-us Sat, 19 Oct 2019 16:05:40 +0530 Mon, 04 May 2026 10:56:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37900 Rule 2 sets out the interpretative framework for the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 by defining key terms such as FDI, foreign investment, foreign portfolio investment, non-debt instruments, equity instruments, Indian company, Indian entity, investment vehicle, sectoral cap, control, convertible note, hybrid securities, LLP, FPI, FVCI, and permissible jurisdiction. It also explains how partly paid shares, share warrants, beneficial ownership, repatriation basis, and indirect foreign investment are treated for classification and cap purposes, and provides that undefined expressions take their meaning from the Act, rules, and regulations. Act-Rules FEMA Sat, 19 Oct 2019 16:05:40 +0530 https://www.taxtmi.com/acts?id=37900