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TMI BlogForeign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2021X X X X Extracts X X X X X X X X Extracts X X X X ..... d (ab) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) , the Central Government hereby makes the following rules further to amend the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 , namely: 1. (1) These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2021. (2) They shall co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... owing entry shall be substituted, namely:- 74% (iii) against Sl. No. F. 8.3, in column (2), under the sub-heading Other conditions, - (A) in clause (a), for the words forty nine, the word seventy-four shall be substituted; (B) in clause (b), for the words forty nine, the word seventy-four shall be substituted; (C) for clause (d), the following clause shall be substituted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egulations notified by the Department of Financial Services or the Insurance Regulatory and Development Authority of India from time to time. ; (D) in clause (e), for the figures 2014, the figures 2019 shall be substituted; (E) in clause (g), for the portion beginning with the words the condition of India owned and controlled, and ending with the words key management persons, the fol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ANAND MOHAN BAJAJ , Addl . Secy . Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 3732(E), dated the 17th October, 2019 and subsequently amended vide notification numbers:- (i) S.O. 4355(E), dated the 5th December 2019, (ii) S.O. 1278(E), dated the 22nd April, 2020, (iii) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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