https://www.taxtmi.com/acts?id=37910 Rule 12 permits an individual person resident outside India, including a Non-Resident Indian or Overseas Citizen of India, to make specified investments in Indian securities and entities subject to the prescribed schedules and conditions. On repatriation basis, such a person may purchase or sell equity instruments of a listed Indian company and other securities in accordance with Schedule III, while transfers of ownership or control to persons connected with land-border countries require prior Government approval. On non-repatriation basis, a NRI or OCI may invest in equity instruments, contribute to LLPs, firms, or proprietary concerns, trade exchange-traded derivatives, and deal in Indian Depository Receipts under the relevant schedules. en-us Sat, 19 Oct 2019 16:15:48 +0530 Sat, 13 Jun 2026 11:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37910 Rule 12 permits an individual person resident outside India, including a Non-Resident Indian or Overseas Citizen of India, to make specified investments in Indian securities and entities subject to the prescribed schedules and conditions. On repatriation basis, such a person may purchase or sell equity instruments of a listed Indian company and other securities in accordance with Schedule III, while transfers of ownership or control to persons connected with land-border countries require prior Government approval. On non-repatriation basis, a NRI or OCI may invest in equity instruments, contribute to LLPs, firms, or proprietary concerns, trade exchange-traded derivatives, and deal in Indian Depository Receipts under the relevant schedules. Act-Rules FEMA Sat, 19 Oct 2019 16:15:48 +0530 https://www.taxtmi.com/acts?id=37910