https://www.taxtmi.com/circulars?id=67307 Resident entities may hedge gold price risk in IFSCs using OTC derivatives as well as exchange-traded derivatives, subject to the stipulations of the Master Direction on hedging of commodity price and freight risk (as amended). The Master Direction has been updated and these instructions are effective immediately, issued under the prevailing foreign exchange regulatory framework while remaining without prejudice to any other statutory permissions or approvals. en-us Mon, 15 Apr 2024 00:00:00 +0530 Mon, 15 Apr 2024 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67307 Resident entities may hedge gold price risk in IFSCs using OTC derivatives as well as exchange-traded derivatives, subject to the stipulations of the Master Direction on hedging of commodity price and freight risk (as amended). The Master Direction has been updated and these instructions are effective immediately, issued under the prevailing foreign exchange regulatory framework while remaining without prejudice to any other statutory permissions or approvals. Circulars FEMA Mon, 15 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67307