Indian Direct Investment outside India

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..... authorised dealers is invited to Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000 notified by the Reserve Bank vide Notification No.FEMA 19/RB-2000 dated May 3, 2000 and amended from time to time. 2. With a view to further liberalising and broadbasing the policy on overseas direct investment by Indian parties, the Reserve Bank has, vide Notification No. F .....

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..... ised dealers may bring the contents of this circular to the notice of their constituents concerned. 4. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Yours faithfully, Satish Kakar Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Ma .....

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