FIPB

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Press Note No 2 (2009 Series) Subject: Guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies. Investment in Indian companies can be made both by non-resident as well as resident Indian entities. [...] Full Article

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Press Note No. 4 (2009 Series) Subject: Clarificatory guidelines on downstream investment by Indian Companies. The Policy for downstream investment by Indian companies seeks to lay down and clarify about compliance with the Foreign investment norms on entry route, [...] Full Article

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Press Note No 3 (2009 Series) Subject: Guidelines for transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities. At present, the transfer of shares from residents to non-residents, including [...] Full Article

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Press Note No. 1 (2009) Subject: Foreign investment in Print Media dealing with news and current affairs. On a review of the extant policy on Foreign Direct Investment, Government of India has decided to allow foreign investment in publication [...] Full Article

Government of India -Ministry of Commerce & Industry-  Department of Industrial Policy & Promotion-  (FC Section)                     Press Note No 3 (2009 Series) Subject: Guidelines for transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities. At present, the transfer of shares from residents to non-residents, including [...] Full Article

GUIDELINES FOR CALCULATION OF TOTAL FOREIGN INVESTMENT IN INDIAN COMPANIES AND TRANSFER OF OWNERSHIP OR CONTROL OF INDIAN COMPANIES IN SECTORS WITH CAPS FROM RESIDENT INDIAN CITIZENS TO NON-RESIDENT ENTITIES The Cabinet Committee on Economic Affairs  approved the adoption of Guidelines for (i) calculation of total foreign investment i.e. direct and indirect foreign investment in [...] Full Article

Since August last year, the world has been watching. It all began with a show cause notice issued to Vodafone BV (based in the Netherlands), holding it to be an “assessee in default” for not withholding tax at source when it made payments to a Hutchison Group company (based in Cayman Islands) for acquiring shares of another Cayman Island company. Full Article