Master Circular on Foreign Investment in India

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..... India is governed by sub-section (3) of section 6 of the Foreign Exchange Management Act, 1999 read with Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. The regulatory framework and instructions issued by the Reserve Bank of India have been compiled in this Master Circular. In addition to the above, this Master Circular also covers the following areas. (i) Acq .....

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..... respect of the above areas. The list of underlying circulars/notifications is furnished in Appendix. 3. This Master Circular is being issued with a sunset clause of one year. This circular will stand withdrawn on July 1, 2008 and be replaced by an updated Master Circular on the subject on that date. Yours faithfully, (Salim Gangadharan) Chief General Manager Click the following link to s .....

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