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Policy on foreign investment in the Pension Sector- addition of paragraph 6.2.17.9 of ‘Consolidated FDI Policy Circular of 2014’

Policy on foreign investment in the Pension Sector- addition of paragraph 6.2.17.9 of ‘Consolidated FDI Policy Circular of 2014’ - FEMA - Press Note No. 4 (2015 Series) - Dated:- 24-4-2015 - Government of India Ministry of Commerce & Industry Dep .....

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Regulatory & Development Authority Act, 2013 Government has decided to permit Foreign Direct Investment in the Pension Sector as under: S. No Sector / Activity % of FDI Cap/ Equity Entry route 6.2.17.9 Pension Sector 49% {FDI + FPI (FII, QFI) + .....

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Pension Funds will be subject to the condition that entities bringing in foreign equity investment as per Section 24 of the PFRDA Act shall obtain necessary registration from the Pension Fund Regulatory and Development Authority and comply with other .....

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