Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024

The Department of Economic Affairs vide notification dated 16th April, 2024 has issued the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024. They shall come into force on the date of their publication in the Official Gazette.

The amendment provides the revised caps for foreign investment through automatic route in the Space Sector.

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