The Reserve Bank of India (RBI) introduced the Voluntary Retention Route (VRR) for Investments by Foreign Portfolio Investors (FPIs) on March 01, 2019. An amount of ₹ 75, 000 crores was offered for investments in two tranches so far. As of December 31, 2019, around ₹ 54,300 crores have already been invested under the scheme. […]
The post RBI reopens Allotment of Investments Limit under Revised Voluntary Retention Route for Investments by Foreign Portfolio Investors appeared first on Taxscan | Simplifying Tax Laws.
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