Saturday, October 19, 2019

Govt. notifies Foreign Exchange Management (Non-debt Instruments) Rules, 2019

Govt. has notified Foreign Exchange Management (Non-debt Instruments) Rules, 2019 wherein various provisions related to Investments by person resident outside India, Acquisition through rights issue or bonus issue, Issue of Employees Stock Options and sweat equity shares to persons resident outside India and so on have been discussed.

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