India Updates Rules for Foreign Currency Accounts, Impacting ECB, ADR, GDR, and International Equity Listings. https://www.taxtmi.com/highlights?id=76966 Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024. - Notification revises the provisions of regulation 5 related to the holding of funds in foreign currency accounts by entities that have raised resources through External Commercial Borrowings (ECB), American Depository Receipts (ADRs), Global Depository Receipts (GDRs), or direct listings of equity shares on international exchanges. en-us Sun, 28 Apr 2024 22:03:13 +0530 Sun, 28 Apr 2024 22:03:13 +0530 TaxTMI RSS Generator India Updates Rules for Foreign Currency Accounts, Impacting ECB, ADR, GDR, and International Equity Listings. https://www.taxtmi.com/highlights?id=76966 Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024. - Notification revises the provisions of regulation 5 related to the holding of funds in foreign currency accounts by entities that have raised resources through External Commercial Borrowings (ECB), American Depository Receipts (ADRs), Global Depository Receipts (GDRs), or direct listings of equity shares on international exchanges. Highlights FEMA Sun, 28 Apr 2024 22:03:13 +0530 https://www.taxtmi.com/highlights?id=76966