Investments by Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) on repatriation basis

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..... equity instruments of a listed Indian company A Non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may purchase or sell equity instruments of a listed Indian company on repatriation basis, on a recognized stock exchange in India, subject to the following conditions, namely :- (a) NRIs or OCIs may purchase and sell equity instruments through a branch designated by an .....

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..... e or sale of units of domestic mutual funds A Non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may without limit purchase or sell units of domestic mutual funds which invest more than 50 percent in equity. (3) Purchase or sale of shares in public sector enterprises A Non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may, without limit purc .....

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..... nge traded derivative contracts as prescribed in sub-clause (2) of clause 12 of these Rules. (5) The mode of payment and attendant conditions for remittance of sale or maturity proceeds shall be specified by the Reserve Bank. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - .....

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