Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2021

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....of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Central Government hereby makes the following rules further to amend the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, namely: 1. (1) These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2021.     (2) They shall....

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.... the entry, the following entry shall be substituted, namely:- "74%" (iii) against Sl. No. F. 8.3, in column (2), under the sub-heading "Other conditions,"- (A) in clause (a), for the words "forty nine," the word "seventy-four" shall be substituted; (B) in clause (b), for the words "forty nine," the word "seventy-four" shall be substituted; (C) for claus....

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....mpanies (Foreign Investment) Rules, 2015, as amended from time to time and applicable rules and regulations notified by the Department of Financial Services or the Insurance Regulatory and Development Authority of India from time to time."; (D) in clause (e), for the figures "2014," the figures "2019" shall be substituted; (E) in clause (g), for the portion beginning wi....

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....by Department of Financial Services and regulations issued by Insurance Regulatory and Development Authority of India from time to time.". [F. No. 01/05/EM/2019 Pt. II] ANAND MOHAN BAJAJ, Addl. Secy. Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 3732(E), dated the 17th October, 2019 and su....