Subscription to National Pension System by Non-Resident Indians (NRIs)

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..... egory - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000 , as amended from time to time. 2. With a view to enabling NRIs access to old age income security, it has now been decided, in consultation with the Government of India, to enable .....

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..... ations accordingly through the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Ninth Amendment) Regulations, 2015 which have been notified vide Notification No. FEMA.353/2015-RB dated October 6, 2015, vide G.S.R. No. 759 (E) dated October 6, 2015. 6. The directions contained in this circular have been issued under section 10(4) and 11(1) of .....

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