https://www.taxtmi.com/manuals?id=2900 Section 6(6) authorises the Reserve Bank to prohibit, restrict or regulate establishment in India of branches, offices or other places of business by persons resident outside India, without prejudice to other subsections. The RBI exercised this power through the 2016 Regulations, which define Branch, Liaison, Project and Site Offices, require prior RBI approval for establishment subject to specified exceptions for regulated foreign banks and insurers and for branch offices in Special Economic Zones meeting defined FDI and compliance conditions. en-us Tue, 20 Jun 2023 18:59:00 +0530 Tue, 24 Sep 2024 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2900 Section 6(6) authorises the Reserve Bank to prohibit, restrict or regulate establishment in India of branches, offices or other places of business by persons resident outside India, without prejudice to other subsections. The RBI exercised this power through the 2016 Regulations, which define Branch, Liaison, Project and Site Offices, require prior RBI approval for establishment subject to specified exceptions for regulated foreign banks and insurers and for branch offices in Special Economic Zones meeting defined FDI and compliance conditions. Manuals FEMA Tue, 20 Jun 2023 18:59:00 +0530 https://www.taxtmi.com/manuals?id=2900