TMI BlogForeign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2018X X X X Extracts X X X X X X X X Extracts X X X X ..... the 30th August, 2018 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2018 G.S.R. 823(E).- In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) , the Reserve Bank of India hereby makes the following ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (i) An Indian entity or an investment vehicle making downstream investment in another Indian entity which is considered as indirect foreign investment for the investee Indian entity in terms of these Regulations, shall notify the Secretariat for Industrial Assistance, DIPP within 30 days of such investment, even if capital instruments have not been allotted, along with the modality of investmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ral Manager Foot Note: -The Principal Regulation was published in the Official Gazette vide G.S.R.No.1374( E ) dated November 07, 2017 in Part II, Section 3, sub-Section (i) and subsequently amended as under G.S.R.No.279(E) dated 26.03.2018 G.S.R.No.520(E) dated 01.06.2018 - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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