FEMA: Foreign Exchange Management (Overseas Investment) Rules and Regulation, 2022 have been notified (23.08.2022)

FEMA:

Foreign Exchange Management (Overseas Investment) Rules and Regulation, 2022 have been notified to simplify the existing framework for overseas investment by persons resident in India to cover wider economic activity and significantly reduces compliances burden and cost.

[Circular No.12 dated 22 August 2022]

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