FEMA –Amendments related to investment in Overseas Funds Vide circular dated 7 June 2024 (Circular), the Reserve Bank of India (‘RBI’) has introduced two important amendments related to investment under Overseas Portfolio Investment (‘OP

Aurtus Consulting 13/06/24 Aurtus Consulting 13/06/24

Vide circular dated 7 June 2024 (Circular), the Reserve Bank of India (‘RBI’) has introduced two important amendments related to investment under Overseas Portfolio Investment (‘OPI’) route. The position prior to introduction of this circular, amendments and its impact are explained below.

Aurtus Consulting 18/05/23 Aurtus Consulting 18/05/23

Use of International Credit Card outside India to come within the purview of LRS

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