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ডিচে 03, 2003
Foreign Investments in India
A.P. (DIR Series) Circular No.38 (December 3, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.38 December 3, 2003To All Authorised Dealers in Foreign ExchangeMadam/ Sirs,Foreign Investments in IndiaRecent liberalisation measures relating to Foreign Direct Investment – FEMA No.94/2000-RBSummary of Regulatory Provisions covering Foreign Investments in IndiaAttention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or Issue of S
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P. (DIR Series) Circular No.38 December 3, 2003To All Authorised Dealers in Foreign ExchangeMadam/ Sirs,Foreign Investments in IndiaRecent liberalisation measures relating to Foreign Direct Investment – FEMA No.94/2000-RBSummary of Regulatory Provisions covering Foreign Investments in IndiaAttention of Authorised Dealers is invited to the Foreign Exchange Management (Transfer or Issue of S
ডিচে 03, 2003
Foreign Investments in India - Investment in Proprietorship Concern/ Partnership Firm
A.P. (DIR Series) Circular No.39 (December 3, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001A.P. (DIR Series) Circular No.39December 3, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/ Sirs,Foreign Investments in India – Investment in Proprietorship Concern/Partnership FirmAttention of Authorised Dealers is invited to the Foreign Exchange Management (Investment in Firm or Proprietary concern in India) Regulations, 2000 notified by the Reserve Bank of India vide Notification No.
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001A.P. (DIR Series) Circular No.39December 3, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/ Sirs,Foreign Investments in India – Investment in Proprietorship Concern/Partnership FirmAttention of Authorised Dealers is invited to the Foreign Exchange Management (Investment in Firm or Proprietary concern in India) Regulations, 2000 notified by the Reserve Bank of India vide Notification No.
নৱে 15, 2003
Permission to open Project Office in India
and Remittance of Assets - Project Office
A.P.(DIR Series) Circular No. 37 (Nov 15, 2003)
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No. 37 November 15, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Permission to open Project Office in India and Remittance of Assets - Project Office Attention of Authorised Dealers is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 [Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business
Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P.(DIR Series) Circular No. 37 November 15, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Permission to open Project Office in India and Remittance of Assets - Project Office Attention of Authorised Dealers is invited to Notification No. FEMA 22/2000-RB dated May 3, 2000 [Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business
নৱে 14, 2003
Capitalisation of Lumpsum Fee / Royalty / ECB - Liberalisation
A.P. (DIR Series) Circular No.34 (Nov 14, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral officeMumbai - 400 001A.P. (DIR Series) Circular No.34November 14, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Capitalisation of Lumpsum Fee / Royalty / ECB – LiberalisationAttention of Authorised Dealers is invited to Regulation 5(1) of Notification No.FEMA.20/2000-RB dated May 3, 2000 and paragraph 8 of Schedule I thereto, in terms of which issue of shares or convertible debentures under Foreig
Reserve Bank of IndiaExchange Control DepartmentCentral officeMumbai - 400 001A.P. (DIR Series) Circular No.34November 14, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Capitalisation of Lumpsum Fee / Royalty / ECB – LiberalisationAttention of Authorised Dealers is invited to Regulation 5(1) of Notification No.FEMA.20/2000-RB dated May 3, 2000 and paragraph 8 of Schedule I thereto, in terms of which issue of shares or convertible debentures under Foreig
নৱে 14, 2003
External Commercial Borrowings (ECBs)
A.P. (DIR Series) Circular No.36 (Nov 14, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.36 November 14, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,External Commercial Borrowings (ECBs) Attention of Authorised Dealers is invited to A.P. (DIR Series) Circulars Nos.10 and 23 dated September 5, 2000 and September 17, 2002 respectively and Press Release F.No.4(35)/2003-ECB dated November 12, 2003 issued by Government of India (Ministry o
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.36 November 14, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,External Commercial Borrowings (ECBs) Attention of Authorised Dealers is invited to A.P. (DIR Series) Circulars Nos.10 and 23 dated September 5, 2000 and September 17, 2002 respectively and Press Release F.No.4(35)/2003-ECB dated November 12, 2003 issued by Government of India (Ministry o
নৱে 14, 2003
Issue of Units of Mutual Funds
A.P.(DIR Series) Circular No.35 (Nov 14, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001A.P.(DIR Series) Circular No.35November 14, 2003To All Authorised Dealers in Foreign ExchangeMadam / Sirs,Issue of Units of Mutual FundsAt present, Indian Asset Management Companies (AMCs) which launch off-shore funds abroad have to obtain SEBI’s approval for such schemes. They are also required to obtain RBI’s prior approval for issue of units, remittance of dividend and redemption of units
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001A.P.(DIR Series) Circular No.35November 14, 2003To All Authorised Dealers in Foreign ExchangeMadam / Sirs,Issue of Units of Mutual FundsAt present, Indian Asset Management Companies (AMCs) which launch off-shore funds abroad have to obtain SEBI’s approval for such schemes. They are also required to obtain RBI’s prior approval for issue of units, remittance of dividend and redemption of units
নৱে 13, 2003
Foreign Exchange Management Act, 1999 -
Current Account Transactions - Liberalisation
A.P.(DIR Series) Circular No.33 (Nov 13, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001A.P.(DIR Series) Circular No.33November 13, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Foreign Exchange Management Act, 1999 -Current Account Transactions – LiberalisationAttention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.3 dated July 17, 2003 permitting them to allow remittances upto USD 100,000 each for various purposes viz. (i) employment abroad (i
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001A.P.(DIR Series) Circular No.33November 13, 2003To All Authorised Dealers in Foreign ExchangeMadam/Sirs,Foreign Exchange Management Act, 1999 -Current Account Transactions – LiberalisationAttention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.3 dated July 17, 2003 permitting them to allow remittances upto USD 100,000 each for various purposes viz. (i) employment abroad (i
অক্টো 29, 2003
Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2003
[A.P.(DIR Series) Circular No.97 dated June 21, 2004]RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001Notification No.FEMA.107/2003-RB dated October 29, 2003Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2003In exercise of the powers conferred by clause (a) of sub-section (1) and sub-section (3) of Section 7, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) an
[A.P.(DIR Series) Circular No.97 dated June 21, 2004]RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 400 001Notification No.FEMA.107/2003-RB dated October 29, 2003Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2003In exercise of the powers conferred by clause (a) of sub-section (1) and sub-section (3) of Section 7, sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) an
অক্টো 28, 2003
Export of Goods and Services - Project Exports
A.P.(DIR Series) Circular No.32 (Oct 28, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.32 October 28, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and Services - Project ExportsAttention of Authorised Dealers is invited to Regulation 18 of Notification No.FEMA 23/2000-RB dated 3rd May 2000 viz. Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 in terms of which export of goods or services o
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai - 400 001A.P.(DIR Series) Circular No.32 October 28, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and Services - Project ExportsAttention of Authorised Dealers is invited to Regulation 18 of Notification No.FEMA 23/2000-RB dated 3rd May 2000 viz. Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 in terms of which export of goods or services o
অক্টো 27, 2003
Foreign Exchange Management - Transfer or Issue of Security by a Person Resident outside India(fourth Amendment) regulations,2003
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001 Notification No. FEMA 106 /2003-RBDated the 27th October 2003 Foreign Exchange Management (Transfer or issue of Security by aPerson Resident outside India)(Fourth Amendment) Regulations, 2003In exercise of the powers conferred by clause (b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001 Notification No. FEMA 106 /2003-RBDated the 27th October 2003 Foreign Exchange Management (Transfer or issue of Security by aPerson Resident outside India)(Fourth Amendment) Regulations, 2003In exercise of the powers conferred by clause (b) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification
অক্টো 24, 2003
Import of Silver/Platinum against
Letter of Authority issued by Nominated Agency
A.P.(DIR Series) Circular No.31 (October 24, 2003)
Reserve Bank of India Exchange Control DepartmentCentral OfficeMumbai 400001A.P.(DIR Series) Circular No.31 October 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Import of Silver/Platinum against Letter of Authority issued by Nominated AgencyAttention of Authorised Dealers is invited to paragraph 2 of A.P. (DIR Series) Circular No.25 dated October 1, 2003, in terms of which they have been advised to issue letters of credit for import of gold under t
Reserve Bank of India Exchange Control DepartmentCentral OfficeMumbai 400001A.P.(DIR Series) Circular No.31 October 24, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Import of Silver/Platinum against Letter of Authority issued by Nominated AgencyAttention of Authorised Dealers is invited to paragraph 2 of A.P. (DIR Series) Circular No.25 dated October 1, 2003, in terms of which they have been advised to issue letters of credit for import of gold under t
অক্টো 21, 2003
Export of Goods and Services
A.P. (DIR Series) Circular No.30 (October 21, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.30 October 21, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of Goods and Services Attention of Authorised Dealers is invited to A.P. (DIR Series) Circulars No.6 dated September 24, 2001, No.2 dated July 4, 2002 and No.33 dated October 23, 2002, in terms of which manufacturer exporters/merchant exporters/traders of certain products and having e
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P. (DIR Series) Circular No.30 October 21, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Export of Goods and Services Attention of Authorised Dealers is invited to A.P. (DIR Series) Circulars No.6 dated September 24, 2001, No.2 dated July 4, 2002 and No.33 dated October 23, 2002, in terms of which manufacturer exporters/merchant exporters/traders of certain products and having e
অক্টো 21, 2003
Foreign Exchange Management Third Amendment Regulations, 2003
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001 Notification No. FEMA 104./2003-RB Dated the October 21, 2003Foreign Exchange Management (Foreign exchangederivative contracts) ( Third Amendment)Regulations, 2003. In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999), and in partial modification of its Notification No. FEMA 25/RB-2000 dated May 3, 200
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai-400 001 Notification No. FEMA 104./2003-RB Dated the October 21, 2003Foreign Exchange Management (Foreign exchangederivative contracts) ( Third Amendment)Regulations, 2003. In exercise of the powers conferred by clause (h) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (Act 42 of 1999), and in partial modification of its Notification No. FEMA 25/RB-2000 dated May 3, 200
অক্টো 21, 2003
Foreign Exchange Management (Foreign exchange derivative contracts) (Fourth Amendment) Regulations, 2003
The Gazette of India EXTRAORDINARY PART II - Section 3 - Sub-section (i) PUBLISHED BY AUTHORITY ================================================================ No.551 NEW DELHI, TUESDAY, NOVEMBER 11, 2003 ================================================================ MINISTRY OF FINANCE (Department of Economic Affairs) (RESERVE BANK OF INDIA) (Exchange Control Department) (Central Office) NOTIFICATION Mumbai, the 21st October 2003 No.FEMA.105/2003-RB Foreign Exchan
The Gazette of India EXTRAORDINARY PART II - Section 3 - Sub-section (i) PUBLISHED BY AUTHORITY ================================================================ No.551 NEW DELHI, TUESDAY, NOVEMBER 11, 2003 ================================================================ MINISTRY OF FINANCE (Department of Economic Affairs) (RESERVE BANK OF INDIA) (Exchange Control Department) (Central Office) NOTIFICATION Mumbai, the 21st October 2003 No.FEMA.105/2003-RB Foreign Exchan
অক্টো 18, 2003
External Commercial Borrowings (ECBs) by Units in Special Economic Zones (SEZs)
A.P.(DIR Series) Circular No.29 (October 18, 2003)
Reserve Bank of India Exchange Control DepartmentCentral OfficeMumbai 400001A.P.(DIR Series) Circular No.29 October 18, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,External Commercial Borrowings (ECBs) by Units in Special Economic Zones (SEZs)Attention of Authorised Dealers is invited to the Guidelines on ECBs Policies & Procedures (1999-2000) and Press Release F.No.4(2)/2002-ECB dated September 15, 2002 issued by Government of India, Ministry of
Reserve Bank of India Exchange Control DepartmentCentral OfficeMumbai 400001A.P.(DIR Series) Circular No.29 October 18, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,External Commercial Borrowings (ECBs) by Units in Special Economic Zones (SEZs)Attention of Authorised Dealers is invited to the Guidelines on ECBs Policies & Procedures (1999-2000) and Press Release F.No.4(2)/2002-ECB dated September 15, 2002 issued by Government of India, Ministry of
অক্টো 17, 2003
Forward contracts - Investments of Non-Residents in Indian companies
A.P.(DIR Series) Circular No.28 (October 17, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400001A.P.(DIR Series) Circular No.28 October 17, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Forward contracts – Investments of Non-Residents in Indian companiesAttention of Authorised Dealers is invited to Regulation 5 of Notification No.FEMA 25/RB-2000 dated May 3, 2000 read with A.P. (DIR Series) Circular No.50 dated November 16, 2002.2. It has been decided to permit persons resi
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400001A.P.(DIR Series) Circular No.28 October 17, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Forward contracts – Investments of Non-Residents in Indian companiesAttention of Authorised Dealers is invited to Regulation 5 of Notification No.FEMA 25/RB-2000 dated May 3, 2000 read with A.P. (DIR Series) Circular No.50 dated November 16, 2002.2. It has been decided to permit persons resi
অক্টো 13, 2003
Foreign Exchange Management Regulations
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001 Notification No. FEMA/ 103 /2003-RB Dated the 13th October 2003 Foreign Exchange Management (Acquisition and transfer ofimmovable property outside India)(Amendment) Regulations, 2003 In exercise of the powers conferred by clause (h) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No: FEM
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai – 400 001 Notification No. FEMA/ 103 /2003-RB Dated the 13th October 2003 Foreign Exchange Management (Acquisition and transfer ofimmovable property outside India)(Amendment) Regulations, 2003 In exercise of the powers conferred by clause (h) of sub-section(3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No: FEM
অক্টো 10, 2003
FEMA 1999 - Grant of Rupee Loans to
NRI/PIO Employees of Indian Body Corporate
A.P.(DIR Series) Circular No.27 (October 10, 2003)
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P.(DIR Series) Circular No.27 October 10, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, FEMA 1999 – Grant of Rupee Loans to NRI/PIO Employees of Indian Body Corporate Attention of Authorised Dealers is invited to Regulation 8 of Notification No.FEMA 4/2000 RB dated May 3, 2000, in terms of which an Authorised Dealer or a housing finance institution in India approved by the Natio
Reserve Bank of India Exchange Control Department Central Office Mumbai A.P.(DIR Series) Circular No.27 October 10, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, FEMA 1999 – Grant of Rupee Loans to NRI/PIO Employees of Indian Body Corporate Attention of Authorised Dealers is invited to Regulation 8 of Notification No.FEMA 4/2000 RB dated May 3, 2000, in terms of which an Authorised Dealer or a housing finance institution in India approved by the Natio
অক্টো 03, 2003
Export of Goods and Services - Export of Books on Consignment Basis
A.P.(DIR Series) Circular No.26 (Oct 3, 2003)
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.26October 3, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and Services -Export of Books on Consignment Basis Attention of Authorised Dealers is invited to paragraph A.11 of the Annexure to A.P.(DIR Series) Circular No.12 dated September 9, 2000 in terms of which the exporters intending to export goods on elongated credit terms may su
Reserve Bank of IndiaExchange Control DepartmentCentral OfficeMumbai 400 001A.P.(DIR Series) Circular No.26October 3, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Export of Goods and Services -Export of Books on Consignment Basis Attention of Authorised Dealers is invited to paragraph A.11 of the Annexure to A.P.(DIR Series) Circular No.12 dated September 9, 2000 in terms of which the exporters intending to export goods on elongated credit terms may su
অক্টো 03, 2003
Foreign Exchange Management (Establishment in India of branch or office or other place of business) (Second Amendment) Regulations, 2003
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 3rd October 2003Notification No. FEMA 102/2003-RB Foreign Exchange Management (Establishment in India of branch or office or other place of business) (Second Amendment) Regulations, 2003In exercise of the powers conferred by sub-section (6) of Section 6 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No. FEMA 22/2000-RB dated 3rd May 2000, th
RESERVE BANK OF INDIAEXCHANGE CONTROL DEPARTMENTCENTRAL OFFICEMUMBAI 3rd October 2003Notification No. FEMA 102/2003-RB Foreign Exchange Management (Establishment in India of branch or office or other place of business) (Second Amendment) Regulations, 2003In exercise of the powers conferred by sub-section (6) of Section 6 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No. FEMA 22/2000-RB dated 3rd May 2000, th

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