The amendment revises the payment, remittance, and reporting framework governing investments by Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and other individual persons resident outside India. It mandate the use of designated repatriable rupee accounts for investments under Schedule III, while clarifying permissible funding sources for National Pension System subscriptions and the remittance of sale proceeds. It also streamlines procedures relating to the purchase and subscription of equity shares of Indian companies listed on international exchanges.