Tag Archives: Share Transfer to Non resident

Share Transfer to Non resident : RBI Relaxes Payment norms under FEMA

By | May 25, 2016

NOTIFICATION NO.FEMA.368/2016-RB/GSR 537(E), DATED 20-5-2016 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 amendments in the Foreign Exchange Management (Transfer or Issue of Security by a… Read More »