FEMA (Transfer or issue of Security by a Person Resident outside India) (Fifth Amendment) Regulations, 2012. - Amendment in Regulation 10 - Value of Security to be Transferred by the Donor Together with Any Security Transferred to Any Person Residing Outside India as gift during the financial year

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....nt Act<br>FEMA<br>RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION Mumbai, the 25th September, 2012 Amendment in Regulation 10 - Value of Security to be Transferred by the Donor Together with Any Security Transferred to Any Person Residing Outside India as gift during the financial year G.S.R. 945(E) -In exercise of the powers conferred by clause (b) of sub-s....

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.... regulation 10, in sub-regulation A, in clause (a), for sub-clause (e), the following shall be substituted, namely: "e. The value of security to be transferred by the donor together with any security transferred to any person residing outside India as gift during the financial year does not exceed the rupee equivalent of US $ 50,000." [No. FEMA 236/2012-RB] RUDRA NAYARAN KAR, Chief General Mana....