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Indian Direct Investment in SAARC Countries and Myanmar

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....rtment Central Office Mumbai 400 001 December 2, 2002 A. P. (DIR Series) Circular No.58 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Indian Direct Investment in SAARC Countries an....

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....o USD 150 million or its equivalent, against existing limit of USD 100 million and to Rs.700 crores against existing limit of Rs.350 crores for rupee investment in Nepal and Bhutan. 3. Necessary amen....