https://www.taxtmi.com/notifications?id=133233 Amendments require that consideration for investments by FPIs be paid by inward remittance or from foreign currency and SNRR accounts maintained under the Deposit Regulations, 2016, with those accounts used exclusively for transactions under the relevant schedule. Sale proceeds of equity instruments and units of REITs, InViTs and domestic mutual funds may be remitted abroad or credited to the investor's foreign currency or SNRR account. For investment in Investment Vehicles, consideration may be paid by inward remittance, share swap of a Special Purpose Vehicle, or from NRE or FCNR(B) accounts, and proceeds may be remitted or credited to NRE, FCNR(B) or SNRR accounts. en-us Mon, 15 Jun 2020 00:00:00 +0530 Sat, 20 Jun 2020 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133233 Amendments require that consideration for investments by FPIs be paid by inward remittance or from foreign currency and SNRR accounts maintained under the Deposit Regulations, 2016, with those accounts used exclusively for transactions under the relevant schedule. Sale proceeds of equity instruments and units of REITs, InViTs and domestic mutual funds may be remitted abroad or credited to the investor's foreign currency or SNRR account. For investment in Investment Vehicles, consideration may be paid by inward remittance, share swap of a Special Purpose Vehicle, or from NRE or FCNR(B) accounts, and proceeds may be remitted or credited to NRE, FCNR(B) or SNRR accounts. Notifications FEMA Mon, 15 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133233