https://www.taxtmi.com/acts?id=43903 Rule 9A permits transfers of equity instruments of an Indian company between resident and non-resident persons through swaps of equity instruments or foreign-company equity capital. Such swaps must comply with applicable Central Government rules and Reserve Bank regulations, including the Foreign Exchange Management (Overseas Investment) Rules, 2022 for foreign-company equity capital. Prior Government approval is required wherever the transfer is subject to an approval requirement. en-us Tue, 20 Aug 2024 11:29:51 +0530 Tue, 01 Sep 2026 10:43:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43903 Rule 9A permits transfers of equity instruments of an Indian company between resident and non-resident persons through swaps of equity instruments or foreign-company equity capital. Such swaps must comply with applicable Central Government rules and Reserve Bank regulations, including the Foreign Exchange Management (Overseas Investment) Rules, 2022 for foreign-company equity capital. Prior Government approval is required wherever the transfer is subject to an approval requirement. Act-Rules FEMA Tue, 20 Aug 2024 11:29:51 +0530 https://www.taxtmi.com/acts?id=43903