The Reserve Bank of India ( RBI ) introduced the Voluntary Retention Route for Investments by Foreign Portfolio Investors (FPIs) on March 01, 2019. Limits for investment in debt by Foreign Portfolio Investors (FPIs) were offered for allotment ‘on tap’ during March 11 – April 30, 2019. Based on the feedback received, and in consultation with […]
The post RBI notifies revised Voluntary Retention Route for Investments by Foreign Portfolio Investors and opens allotment ‘on tap’ appeared first on Taxscan | Simplifying Tax Laws.
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