https://www.taxtmi.com/manuals?id=2885 Overseas investment by residents in India into an IFSC is permitted under the Overseas Investment Rules and Schedule V as ODI or OPI, including sponsor contributions and instruments of IFSC funds. Regulatory approvals vary by activity: approvals for ODI in IFSC entities engaged in financial services are subject to decision within a statutory period or deemed approval; resident individuals may invest in financial services entities in IFSC except banking and insurance, with controls on acquiring subsidiaries outside IFSC. Profitability relaxations and regulator-specific conditions for banks and NBFCs apply; an IFSC recognised exchange is treated as outside India for these rules. en-us Sat, 17 Jun 2023 11:41:00 +0530 Mon, 23 Sep 2024 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2885 Overseas investment by residents in India into an IFSC is permitted under the Overseas Investment Rules and Schedule V as ODI or OPI, including sponsor contributions and instruments of IFSC funds. Regulatory approvals vary by activity: approvals for ODI in IFSC entities engaged in financial services are subject to decision within a statutory period or deemed approval; resident individuals may invest in financial services entities in IFSC except banking and insurance, with controls on acquiring subsidiaries outside IFSC. Profitability relaxations and regulator-specific conditions for banks and NBFCs apply; an IFSC recognised exchange is treated as outside India for these rules. Manuals FEMA Sat, 17 Jun 2023 11:41:00 +0530 https://www.taxtmi.com/manuals?id=2885