Investment by FIIs/NRIs in Exchange Traded Derivative Contracts(ETDCs)

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..... rs, Investment by FIIs/NRIs in Exchange Traded Derivative Contracts(ETDCs) Attention of Authorised Dealers is invited to Regulation 5 of Notification No. FEMA 20/2000-RB dated 3 rd May 2000 conveying permission for purchase of shares by certain persons resident outside India. 2. As part of the measures for further liberalisation, it has been decided that::- i. A registered Foreign Inst .....

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..... contents of this circular to the notice of their constituents concerned. 5. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Yours faithfully, Grace Koshie Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxm .....

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