Tag: FEMA

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Posted in Economy

DEA notice awaited on easing FDI rules for foreign cos with up to 10% in China firms

New Delhi: The decision to ease foreign direct investment (FDI) norms for overseas companies with up to 10% stake in Chinese companies will be notified…

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Posted in Economy

Exporters in Gift City can retain forex proceeds for 3 months now

Mumbai: The Reserve Bank of India on Monday notified an amendment to Foreign Exchange Management Act (FEMA) regulations, allowing exporters with foreign currency accounts in…

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