https://www.taxtmi.com/acts?id=43903 Transfer by swap permits cross-border transfers between a person resident in India and a person resident outside India either as a swap of equity instruments-subject to rules prescribed by the Central Government and regulations specified by the Reserve Bank-or as a swap of equity capital of a foreign company-subject to Central Government rules including the Overseas Investment Rules, and Reserve Bank regulations. Prior Government approval must be obtained where applicable. "Equity capital" carries the meaning given in the Overseas Investment Rules, 2022. en-us Tue, 20 Aug 2024 11:29:51 +0530 Fri, 30 May 2025 10:57:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43903 Transfer by swap permits cross-border transfers between a person resident in India and a person resident outside India either as a swap of equity instruments-subject to rules prescribed by the Central Government and regulations specified by the Reserve Bank-or as a swap of equity capital of a foreign company-subject to Central Government rules including the Overseas Investment Rules, and Reserve Bank regulations. Prior Government approval must be obtained where applicable. "Equity capital" carries the meaning given in the Overseas Investment Rules, 2022. Act-Rules FEMA Tue, 20 Aug 2024 11:29:51 +0530 https://www.taxtmi.com/acts?id=43903