Acquisition of Foreign Securities by Resident Individual under ESOP Scheme

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Full Text of the Document

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.... of Foreign Securities by Resident Individual under ESOP Scheme Attention of authorised dealers is invited to the Regulation 19 of Notification No.FEMA.19/2000-RB dated May 3, 2000 and AP(DIR Series) Circular No.32 dated April 28, 2001 read with A.P. (DIR Series) Circular No.16 dated December 15, 2001 in terms of which a resident individual, who is an employee or a director of an Indian Office or....