TMI BlogMinimum Capital Requirements for ‘Other Financial Services’ activities which are unregulated by any Financial Sector Regulator and FDI is allowed under Government RouteX X X X Extracts X X X X X X X X Extracts X X X X ..... Minimum Capital Requirements for ‘Other Financial Services’ activities which are unregulated by any Financial Sector Regulator and FDI is allowed under Government Route - News and Press Release Dated:- 17-4-2018 - News - Minimum FDI capital Entity Activity Fund base ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d activities * Unregistered / Exempted Unregulated US$ 20 mn Non-fund based * Unregistered / Exempted Unregulated US$ 2mn * Explanatory Note: It is clarified that fund and non-fund based activities ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall include, but not limited to,the following activities to the extent that they are- (i)not regulated by any financial sector regulator - this shall include scenarios where the entity is not registered with the concerned sector regulator and/or the entity/activity is exempted under the concerned sector regulations; or (ii)where only part of the financial services activity is regulated; or (ii ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... i) where there is a doubt regarding the regulatory oversight: Fund based activities: Merchant Banking, Under Writing, Portfolio Management Services, Stock Broking, Asset Management, Venture Capital, Custodian Services, Factoring, Leasing Finance, Housing Finance, Credit Card Business, Micro Credit, Rural Credit Non-fund based activities : Investment advisory services, Financial Consultan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cy, Forex Broking, Money Changing Business, Credit Rating Agencies - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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