Question

What is the significance of the Foreign Exchange

Q: Answer-What is the significance of the Foreign Exchange Management (Non-debt Instruments) Amendment Rules,...

The Foreign Exchange Management Non-debt Instruments Amendment Rules, 2024 allow the direct listing of Indian companies on international stock exchanges located in International Financial Services Centres IFSCs.

Management (Non-debt Instruments) Amendment Rules, 2024, in the context of Indian companies listed on stock exchanges in IFSCs?

A It introduces taxation on cross-border transactions

B It allows direct listing of Indian companies on international stock exchanges in IFSCs

C It provides tax exemptions to foreign investors

D It regulates the issuance of bonds in foreign currencies

E It enables Indian companies to invest in global markets freely

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What is the significance of the Foreign Exchange

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