https://www.taxtmi.com/circulars?id=64041 FPIs allotted VRR investment limits in the noted reopening period are granted an additional three months to invest 75% of their Committed Portfolio Size. Where this extension is used, the retention period for the investments committed at allotment is reset to begin from the date the FPI invests 75% of CPS. The instruction follows prior VRR directions and is issued under the foreign exchange statute, without prejudice to other required permissions. en-us Fri, 22 May 2020 00:00:00 +0530 Sat, 23 May 2020 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64041 FPIs allotted VRR investment limits in the noted reopening period are granted an additional three months to invest 75% of their Committed Portfolio Size. Where this extension is used, the retention period for the investments committed at allotment is reset to begin from the date the FPI invests 75% of CPS. The instruction follows prior VRR directions and is issued under the foreign exchange statute, without prejudice to other required permissions. Circulars FEMA Fri, 22 May 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64041