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    <title>Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2020</title>
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    <description>Foreign portfolio investors must pay consideration through inward remittance or eligible foreign currency and/or SNRR accounts, which are exclusively usable for transactions under the relevant Schedule unless otherwise specified. Net-of-tax proceeds from specified equity instruments and fund units may be remitted outside India or credited to eligible accounts. Investment-vehicle consideration may be paid through inward remittance, special purpose vehicle share swaps, or NRE and FCNR(B) funds; eligible investors may use SNRR accounts for trading in listed or proposed-to-be-listed units.</description>
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