https://www.taxtmi.com/highlights?id=75774 The proposed amendment to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, marks a significant expansion in the definition of "unit" under clause (aq). By including partly paid-up units, subject to SEBI regulations and government consultation, the amendment reflects an effort to accommodate evolving financial practices and market dynamics within the regulatory framework. en-us Sat, 16 Mar 2024 19:56:21 +0530 Sat, 16 Mar 2024 19:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75774 The proposed amendment to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, marks a significant expansion in the definition of "unit" under clause (aq). By including partly paid-up units, subject to SEBI regulations and government consultation, the amendment reflects an effort to accommodate evolving financial practices and market dynamics within the regulatory framework. Highlights FEMA Sat, 16 Mar 2024 19:56:21 +0530 https://www.taxtmi.com/highlights?id=75774