https://www.taxtmi.com/circulars?id=63427 The VRR for FPIs is relaxed by increasing the investment cap, permitting FPIs to transfer investments from the General Investment Limit into VRR at their discretion, and allowing FPIs to invest in Exchange Traded Funds that invest only in debt instruments; the changes update prior Directions and are issued under the Foreign Exchange Management Act without prejudice to other required approvals. en-us Thu, 23 Jan 2020 00:00:00 +0530 Thu, 23 Jan 2020 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63427 The VRR for FPIs is relaxed by increasing the investment cap, permitting FPIs to transfer investments from the General Investment Limit into VRR at their discretion, and allowing FPIs to invest in Exchange Traded Funds that invest only in debt instruments; the changes update prior Directions and are issued under the Foreign Exchange Management Act without prejudice to other required approvals. Circulars FEMA Thu, 23 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63427