Schedule 5 to these regulations contains rules regarding the purchase and sale of securities other than shares/debentures by a on-resident. There are no changes in the regulations or procedure applicable for purchase and sale of other securities by NRIs on repatriation/non- repatriation basis and by FITs on repatriation basis.
Scheduled 6, inserted w.e.f. 27-10-2003 is about investment in an Indian venture capital undertaking by a registered foreign venture capital investor. |