Purchase and sale of foreign security by a person resident in India

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..... eign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 - Act-Rules - 4. Purchase and sale of foreign security by a person resident in India A person resident in India .....

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..... chase a foreign security from out of his foreign currency resources outside India; d. may sell the foreign security purchased or acquired under clauses (a), (b) or (c). Explanation: For the purpose of .....

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