https://www.taxtmi.com/circulars?id=63625 FPI holdings in corporate bonds are increased to a ceiling of 15% of outstanding stock for FY 2020-21, with revised half yearly rounded limits specified for Apr-Sep 2020 and Oct 2020-Mar 2021. Revisions to limits for Central Government securities and State Development Loans will be advised separately and current limits remain applicable until then. Authorized Dealer Category I banks must notify their constituents; directions issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999. en-us Mon, 30 Mar 2020 00:00:00 +0530 Mon, 30 Mar 2020 19:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63625 FPI holdings in corporate bonds are increased to a ceiling of 15% of outstanding stock for FY 2020-21, with revised half yearly rounded limits specified for Apr-Sep 2020 and Oct 2020-Mar 2021. Revisions to limits for Central Government securities and State Development Loans will be advised separately and current limits remain applicable until then. Authorized Dealer Category I banks must notify their constituents; directions issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999. Circulars FEMA Mon, 30 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63625