https://www.taxtmi.com/circulars?id=64995 The circular updates SEBI's Operational Guidelines to allow resident Indian individual contributions to be made through the Liberalised Remittance Scheme and invested only in global funds whose Indian exposure is less than 50%, aligning SEBI regulations with tax-related provisions enabling resident Indian fund managers to operate for offshore funds; DDPs and custodians must inform clients of the change. en-us Wed, 04 Aug 2021 00:00:00 +0530 Wed, 04 Aug 2021 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64995 The circular updates SEBI's Operational Guidelines to allow resident Indian individual contributions to be made through the Liberalised Remittance Scheme and invested only in global funds whose Indian exposure is less than 50%, aligning SEBI regulations with tax-related provisions enabling resident Indian fund managers to operate for offshore funds; DDPs and custodians must inform clients of the change. Circulars SEBI Wed, 04 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64995