https://www.taxtmi.com/acts?id=38893 Rule 7A permits a person resident outside India who acquires rights from a person resident in India following renunciation to acquire equity instruments, other than share warrants, against those rights. Such acquisition must comply with the pricing guidelines applicable to equity instruments and is limited to rights so acquired. The provision came into force on 27 April 2020. en-us Tue, 28 Apr 2020 18:10:36 +0530 Mon, 31 Aug 2026 18:11:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38893 Rule 7A permits a person resident outside India who acquires rights from a person resident in India following renunciation to acquire equity instruments, other than share warrants, against those rights. Such acquisition must comply with the pricing guidelines applicable to equity instruments and is limited to rights so acquired. The provision came into force on 27 April 2020. Act-Rules FEMA Tue, 28 Apr 2020 18:10:36 +0530 https://www.taxtmi.com/acts?id=38893