Purchase and sale of foreign security by a Person resident in India
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....lation 4 of the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 - (Repealed)<br>Purchase and sale of foreign security by a Person resident in India 4....
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.... c. when not permanently resident in India, may purchase a foreign security from out of his foreign currency resources outside India; d. may sell the foreign security purchased or acquir....
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