https://www.taxtmi.com/notifications?id=132235 A nonresident that qualifies as an Eligible Foreign Investor and complies with the specified regulatory circular shall be deemed a Foreign Institutional Investor for transactions in securities on a recognised stock exchange in an International Financial Services Centre, where consideration for the transaction is paid or payable in foreign currency. The notification relies on statutory definitions for International Financial Services Centre, recognised stock exchange and securities. en-us Fri, 13 Mar 2020 00:00:00 +0530 Mon, 16 Mar 2020 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132235 A nonresident that qualifies as an Eligible Foreign Investor and complies with the specified regulatory circular shall be deemed a Foreign Institutional Investor for transactions in securities on a recognised stock exchange in an International Financial Services Centre, where consideration for the transaction is paid or payable in foreign currency. The notification relies on statutory definitions for International Financial Services Centre, recognised stock exchange and securities. Notifications Income Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132235