For investment in T-Bills and government securities from funds of SRVA with AD bank, whether FPI license is required by the account holder overseas bank?

For investment in T-Bills and government securities from funds of SRVA with AD bank, whether FPI license is required by the account holder overseas bank? https://www.taxtmi.com/manuals?id=5976 The operative position states that an FPI license is not required by an overseas account holder to invest in treasury bills and government securities out of funds held as Special Rupee Vostro Accounts (SRVA) with an authorized dealer bank; investments from SRVA funds through the authorized dealer do not mandate FPI licensing under the FEMA FAQ on international trade settlement in INR. en-us Wed, 27 Nov 2024 14:11:00 +0530 Wed, 27 Nov 2024 14:11:00 +0530 TaxTMI RSS Generator For investment in T-Bills and government securities from funds of SRVA with AD bank, whether FPI license is required by the account holder overseas bank? https://www.taxtmi.com/manuals?id=5976 The operative position states that an FPI license is not required by an overseas account holder to invest in treasury bills and government securities out of funds held as Special Rupee Vostro Accounts (SRVA) with an authorized dealer bank; investments from SRVA funds through the authorized dealer do not mandate FPI licensing under the FEMA FAQ on international trade settlement in INR. Manuals FEMA Wed, 27 Nov 2024 14:11:00 +0530 https://www.taxtmi.com/manuals?id=5976