Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Home Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles News Highlights
Extracts
Home List
← Previous Next →

Measures to Promote FDI

News and Press Release - Dated:- 8-2-2017 - To promote Foreign Direct Investment(FDI), the Government has put in place an investor-friendly policy, wherein except for a small negative list, most sectors are open for 100% FDI under the Automatic route. Further, the policy on FDI is reviewed on an ongoing basis, to ensure that India remains attractive & investor friendly destination. Changes are made in the policy after having intensive consultations with stakeholders including apex industry c .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

c.in. A gist of recent reforms is at Annexure. Separate data regarding investment made by foreign companies in Small and Medium Enterprises (SMEs) is not maintained. Further, investment by foreign companies who invested in India is maintained remittance wise, which is very voluminous and is available in public domain at the website of Department of Industrial Policy & Promotion at www.dipp.nic.in under the heading Publication at SIA Newsletter . Foreign Investment in various sectors bring in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

in provisions have been provided for FDI in retail trading sector. For retail trading of single brand products, in respect of proposals involving foreign investment beyond 51%, sourcing of 30% of the value of goods purchased, has been mandated to be done from India, preferably from MSMEs, village and cottage industries, artisans and craftsmen, in all sectors. With a view to benefit farmers, give impetus to food processing industry and create vast employment opportunities, 100% FDI under Governme .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y by Persons Resident Outside India) Regulations on non-repatriation basis is now deemed to be domestic investment at par with the investment made by residents. The special dispensation of NRIs has also been extended to companies, trusts and partnership firms, which are incorporated outside India and are owned and controlled by NRIs. In order to provide simplicity to the FDI policy and bring clarity on application of conditionalities and approval requirements across various sectors, different ki .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

om one non-resident to another non-resident, without repatriation of investment is also neither to be subjected to any lock-in period nor to any government approval. Exit is permitted at any time if project or trunk infrastructure is completed before the lock-in period. 100% FDI under automatic route is permitted in completed projects for operation and management of townships, malls/ shopping complexes and business centres. Foreign investment up to 49% in defence sector has been permitted under .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

cap on Broadcasting sector has been raised across various activities as follows: 74% to 100% in Teleports, DTH, Cable Networks (Digital), Mobile TV, HITS 26% to 49% for FM Radio, up-linking of news and current affairs 49% to 100% for Cable Networks (not undertaking digitisation) FDI route for Teleports, DTH, Cable Networks (Digital), Mobile TV, HITS, Cable Networks (not undertaking digitisation), and Up-linking of Non- news and current affairs and down-linking of channels has been changed to au .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

omatic route. Government has reviewed single brand retail trading (SBRT) FDI policy to provide that sourcing of 30% of the value of goods purchased would be reckoned from the opening of first store. In case of entities undertaking Single Brand Retail Trading of products having state­ of ­art and cutting edge technology and where local sourcing is not possible, sourcing norms have been relaxed up to three years for entities undertaking Single Brand Retail. Further, an entity operating SBR .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

. 100% FDI is now permitted under automatic route in Duty Free Shops located and operated in the Customs bonded areas. FDI policy on wholesale cash & carry activities has been reviewed to provide that a single entity will be permitted to undertake both the activities of SBRT and wholesale. 100% FDI is now permitted under the automatic route in Limited Liability Partnerships (LLP) operating in sectors/activities where 100% FDI is allowed, through the automatic route and there are no FDI-linke .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ute. Further, foreign equity cap of activities of Non-Scheduled Air Transport Service, Ground Handling Services have been increased from 74% to 100% under the automatic route. With a view to aid in modernization of the existing airports to establish a high standard and help ease the pressure on the existing airports, 100% FDI under automatic route has been permitted in Brownfield Airport projects. Foreign investment cap on Satellites- establishment and operation has now been raised from 74% to 1 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nt has issued guidelines for foreign investment in the sector. 100% FDI under automatic route is permitted in the marketplace model of e-commerce. With an objective of increase investment in the country, 100% FDI in Asset Reconstruction Companies has been allowed under automatic route. 100% FDI under government approval route has been permitted for trading, including through e-commerce, in respect food products manufactured and/or produced in India. In Pharmaceutical sector, with the objective o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Forum
what is new what is new
  ↓     bird's eye view     ↓  


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version