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	<title>TaxGuru &#187; foreign direct investment</title>
	<atom:link href="http://taxguru.in/tag/foreign-direct-investment/feed/" rel="self" type="application/rss+xml" />
	<link>http://taxguru.in</link>
	<description>Complete Tax Solution</description>
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		<title>18 Proposals of Foreign Direct Investment Amounting to 2126.20 Crore Approved</title>
		<link>http://taxguru.in/government-policy/18-proposals-foreign-direct-investment-amounting-212620-crore-approved.html</link>
		<comments>http://taxguru.in/government-policy/18-proposals-foreign-direct-investment-amounting-212620-crore-approved.html#comments</comments>
		<pubDate>Fri, 25 Nov 2011 04:33:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Government Policy]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=45322</guid>
		<description><![CDATA[Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on November 15, 2011, Government has approved 18 Proposals of Foreign Direct Investment amounting to ` 2126.20 crore approximately. ]]></description>
		<wfw:commentRss>http://taxguru.in/government-policy/18-proposals-foreign-direct-investment-amounting-212620-crore-approved.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Govt cleares bill to increase foreign direct investment to 51% in multi-brand retail and 100% in single brand retail</title>
		<link>http://taxguru.in/government-policy/govt-cleares-bill-increase-foreign-direct-investment-51-multibrand-retail-100-single-brand-retail.html</link>
		<comments>http://taxguru.in/government-policy/govt-cleares-bill-increase-foreign-direct-investment-51-multibrand-retail-100-single-brand-retail.html#comments</comments>
		<pubDate>Fri, 25 Nov 2011 03:06:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Government Policy]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[multi-brand retail]]></category>
		<category><![CDATA[single brand retail]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=45307</guid>
		<description><![CDATA[Union Cabinet today cleared the bill to increase foreign direct investment to 51% in multi-brand retail and 100% in single brand. Commerce and industry minister Anand Sharma said that he would give a statement in Parliament on retail FDI. Currently, India allows 51% FDI in single brand retail and 100% FDI in cash and carry format of the business.]]></description>
		<wfw:commentRss>http://taxguru.in/government-policy/govt-cleares-bill-increase-foreign-direct-investment-51-multibrand-retail-100-single-brand-retail.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Role of Foreign Investment Promotion Board (FIPB)</title>
		<link>http://taxguru.in/corporate-law/role-foreign-investment-promotion-board-fipb.html</link>
		<comments>http://taxguru.in/corporate-law/role-foreign-investment-promotion-board-fipb.html#comments</comments>
		<pubDate>Fri, 21 Oct 2011 01:36:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Corporate Law]]></category>
		<category><![CDATA[FDI policy]]></category>
		<category><![CDATA[FIPB]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=44738</guid>
		<description><![CDATA[The Foreign Investment Promotion Board (FIPB) is a government body that offers a single window clearance for proposals on Foreign Direct Investment (FDI) in India that are not allowed access through the automatic route. FIPB comprises of Secretaries drawn from different ministries with Secretary, Department of Economic Affairs, MoF in the chair. This inter-ministerial body examines and discusses proposals for foreign investments in the country for sectors with caps, sources and instruments that require approval under the extant FDI Policy (prescribed vide Circular 1 of 2011) on a regular basis.]]></description>
		<wfw:commentRss>http://taxguru.in/corporate-law/role-foreign-investment-promotion-board-fipb.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>100% FDI for new pharma ventures to continue</title>
		<link>http://taxguru.in/fema/100-fdi-pharma-ventures-continue.html</link>
		<comments>http://taxguru.in/fema/100-fdi-pharma-ventures-continue.html#comments</comments>
		<pubDate>Tue, 11 Oct 2011 03:59:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=44511</guid>
		<description><![CDATA[India will continue to allow 100% Foreign Direct Investment for new ventures in the pharma sector. The decision was taken at a high level meeting chaired by Prime Minister Dr Manmohan Singh to discuss the FDI policy in drugs and pharmaceutical sector held in New Delhi last night. An official release said, the move will facilitate addition of manufacturing capacities, technology acquisition and development of the pharma sector in the country.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/100-fdi-pharma-ventures-continue.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreign Direct Investment (FDI) Prospect for India</title>
		<link>http://taxguru.in/fema/foreign-direct-investment-fdi-prospect-india.html</link>
		<comments>http://taxguru.in/fema/foreign-direct-investment-fdi-prospect-india.html#comments</comments>
		<pubDate>Sun, 28 Aug 2011 03:08:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=43629</guid>
		<description><![CDATA[India now with consistent growth performance and abundant high-skilled affordable manpower provides enormous opportunity for investment both domestic and foreign. Foreign direct investment (FDI) causes a flow of money into the economies which stimulates economic activity, increases employment and induces the long run aggregate supply and brings in best practices. The FDI policy was liberalized progressively through review of the policy on an ongoing basis and allowing FDI in more industries under the automatic route.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/foreign-direct-investment-fdi-prospect-india.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Govt streamlines FDI proposals&#8217; filing for approval</title>
		<link>http://taxguru.in/fema/govt-streamlines-fdi-proposals-filing-approval.html</link>
		<comments>http://taxguru.in/fema/govt-streamlines-fdi-proposals-filing-approval.html#comments</comments>
		<pubDate>Mon, 04 Jul 2011 02:07:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FIPB]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=42446</guid>
		<description><![CDATA[New Delhi: Investors seeking government approval for Foreign Direct Investment (FDI) will now have to obtain electronically generated unique number from the concerned authorities before filing requests with the Foreign Investment Promotion Board. The government's move is expected to streamline as well as expedite the process of clearing FDI proposals in key sectors such as telecom, defence, direct-to-home and commodity exchange. ]]></description>
		<wfw:commentRss>http://taxguru.in/fema/govt-streamlines-fdi-proposals-filing-approval.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Allow 49 per cent FDI in multi-brand retail &#8211; Consumer Affairs Minister</title>
		<link>http://taxguru.in/fema/49-cent-fdi-multibrand-retail-consumer-affairs-minister.html</link>
		<comments>http://taxguru.in/fema/49-cent-fdi-multibrand-retail-consumer-affairs-minister.html#comments</comments>
		<pubDate>Fri, 01 Jul 2011 02:37:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[Bharti Enterprises]]></category>
		<category><![CDATA[Consumer Affairs Ministry]]></category>
		<category><![CDATA[DIPP]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[multi-brand retail]]></category>
		<category><![CDATA[sensitive sector]]></category>
		<category><![CDATA[wal mart]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=42371</guid>
		<description><![CDATA[Amid a debate within the government on allowing foreign direct investment in multi- brand retail, the nodal Consumer Affairs Ministry is insisting on a FDI cap of 49% in the sensitive sector, sources said. ]]></description>
		<wfw:commentRss>http://taxguru.in/fema/49-cent-fdi-multibrand-retail-consumer-affairs-minister.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>16 FDI Proposals Worth Rs. 923.55 Crore Approved</title>
		<link>http://taxguru.in/dgft/16-fdi-proposals-worth-rs-92355-crore-approved.html</link>
		<comments>http://taxguru.in/dgft/16-fdi-proposals-worth-rs-92355-crore-approved.html#comments</comments>
		<pubDate>Tue, 07 Jun 2011 04:29:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[DGFT]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[FIPB]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment promotion board]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=41865</guid>
		<description><![CDATA[The government on Tuesday said it has cleared 16 foreign direct investment (FDI) proposals amounting to Rs 923.55 crore, including those of Star News Broadcasting Ltd and L&#038;T Finance Holdings. A total of 38 FDI proposals were taken up by the Foreign Investment Promotion Board (FIPB), but the board deferred a decision on 14 applications, rejected seven and recommended one for the CCEA, the finance ministry said in a statement. ]]></description>
		<wfw:commentRss>http://taxguru.in/dgft/16-fdi-proposals-worth-rs-92355-crore-approved.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ICICI Bank is a foreign Company, investment subject to FDI law &#8211; Govt</title>
		<link>http://taxguru.in/fema/icici-bank-foreign-company-investment-subject-fdi-law-govt.html</link>
		<comments>http://taxguru.in/fema/icici-bank-foreign-company-investment-subject-fdi-law-govt.html#comments</comments>
		<pubDate>Fri, 01 Apr 2011 16:39:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[Foreign Companies]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[ICICI Bank foreign company]]></category>
		<category><![CDATA[owned overseas entities]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=40017</guid>
		<description><![CDATA["ICICI is an Indian bank, but it is over 50 per cent (equity) foreign owned, it is owned by foreigners in that sense...for downstream investment it is a foreign company...," Department of Industrial Policy and Promotion (DIPP) Secretary R P Singh told reporters here.The government today said that ICICI Bank and other lenders whose more than 50 per cent equity is owned by overseas entities will be treated as a foreign company for the purpose of computing FDI. ]]></description>
		<wfw:commentRss>http://taxguru.in/fema/icici-bank-foreign-company-investment-subject-fdi-law-govt.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>More efforts needed to increase FDI inflows to country- RBI</title>
		<link>http://taxguru.in/rbi/more-efforts-needed-to-increase-fdi-inflows-to-country-rbi.html</link>
		<comments>http://taxguru.in/rbi/more-efforts-needed-to-increase-fdi-inflows-to-country-rbi.html#comments</comments>
		<pubDate>Thu, 27 Jan 2011 04:27:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[Reserve Bank]]></category>

		<guid isPermaLink="false">http://taxguru.in/more-efforts-needed-to-increase-fdi-inflows-to-country-rbi-1367.html</guid>
		<description><![CDATA[The Reserve Bank today said efforts should be made to attract more Foreign Direct Investment (FDI) in the country, as they are more stable than portfolio investments. These remarks come a day after the central bank said that environment-sensitive pol]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/more-efforts-needed-to-increase-fdi-inflows-to-country-rbi.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Growth of Indian Cement market</title>
		<link>http://taxguru.in/finance/growth-of-indian-cement-market.html</link>
		<comments>http://taxguru.in/finance/growth-of-indian-cement-market.html#comments</comments>
		<pubDate>Thu, 25 Nov 2010 02:16:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[ACC]]></category>
		<category><![CDATA[amuja]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[holicim]]></category>
		<category><![CDATA[Indian GDP growth]]></category>
		<category><![CDATA[sensex]]></category>

		<guid isPermaLink="false">http://taxguru.in/?p=35671</guid>
		<description><![CDATA[We often do comparison with Chinese economic growth. One must remember they have easy guidelines for promoting investments in their economy. China's cement industry for the rapid development of domestic production capacity could lead to a surplus situation, at all levels within and outside the industry have been discussing with the call for the domestic large-scale cement enterprises to go abroad, to foreign investment. They have grown well within the house and plan to move further. China's cement enterprises go out consists of three levels: Firstly, the cement exports, and second, cements technology and equipment companies go global, three cement manufacturing companies invest and build factories overseas. We need strategies like this to grow and expand Indian cement industry.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summary of Discussion paper on Foreign Direct Investment in Limited Liability Partnerships</title>
		<link>http://taxguru.in/fema/summary-of-discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships.html</link>
		<comments>http://taxguru.in/fema/summary-of-discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships.html#comments</comments>
		<pubDate>Fri, 08 Oct 2010 10:05:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[Limited liability partnership]]></category>
		<category><![CDATA[LLP]]></category>

		<guid isPermaLink="false">http://taxguru.in/summary-of-discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships-36437.html</guid>
		<description><![CDATA[This article summarizes the Discussion Paper (DP) released on 28 September 2010 on 'Foreign Direct Investment in Limited Liability Partnerships' issued by the Department of Industrial Policy &#038; Promotion (DIPP) of the Government of India (Gol). Even t]]></description>
		<wfw:commentRss>http://taxguru.in/fema/summary-of-discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>DIPP issues Discussion Paper on Issue of Shares for Considerations Other Than Cash</title>
		<link>http://taxguru.in/fema/dipp-issues-discussion-paper-on-issue-of-shares-for-considerations-other-than-cash.html</link>
		<comments>http://taxguru.in/fema/dipp-issues-discussion-paper-on-issue-of-shares-for-considerations-other-than-cash.html#comments</comments>
		<pubDate>Fri, 01 Oct 2010 02:59:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[department of industrial policy and promotion]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[Issue of Shares for Considerations Other Than Cash]]></category>

		<guid isPermaLink="false">http://taxguru.in/dipp-issues-discussion-paper-on-issue-of-shares-for-considerations-other-than-cash-252.html</guid>
		<description><![CDATA[As per extant FDI policy, shares can be issued to a non-resident against receipt of funds through normal banking channels. If the funds are not received through normal banking channels, prior approval of the Government is required for such issue. The only exception to the above condition is the situation where shares are to be issued against External Commercial Borrowings (ECBs) and/or royalty payments (including lump-sum technical know-how fees). In such cases, shares can be issued under the automatic route without funds being received specifically for the purpose of issues of shares.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/dipp-issues-discussion-paper-on-issue-of-shares-for-considerations-other-than-cash.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Discussion Paper on Foreign Direct Investment in Limited Liability Partnerships</title>
		<link>http://taxguru.in/fema/discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships.html</link>
		<comments>http://taxguru.in/fema/discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships.html#comments</comments>
		<pubDate>Fri, 01 Oct 2010 02:19:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[limited liability partnerships]]></category>
		<category><![CDATA[LLP]]></category>

		<guid isPermaLink="false">http://taxguru.in/discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships-247.html</guid>
		<description><![CDATA[The Limited Liability Partnership Act, 2008 (LLP Act) was notified on April 1, 2009.  With the passing of this Act, a new hybrid entity, incorporating the features of both- a body corporate, as well as a traditional partnership-can be formed for the purposes of undertaking business in India. The LLP has not yet been recognized under FDI policy. The LLP structure lies between that of a company where FDI is permitted and that of a partnership, where it is generally not permitted. Key features of an LLP, as well as a comparison between the other existing ownership structures, are provided in the Annexure.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/discussion-paper-on-foreign-direct-investment-in-limited-liability-partnerships.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI circular on Reporting under Foreign Direct Investment (FDI) Scheme</title>
		<link>http://taxguru.in/rbi/rbi-circular-on-reporting-under-foreign-direct-investment-fdi-scheme.html</link>
		<comments>http://taxguru.in/rbi/rbi-circular-on-reporting-under-foreign-direct-investment-fdi-scheme.html#comments</comments>
		<pubDate>Wed, 15 Sep 2010 00:22:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://taxguru.in/rbi-circular-on-reporting-under-foreign-direct-investment-fdi-scheme-37.html</guid>
		<description><![CDATA[RBI/2010-11/199, A.P. (DIR Series) Circular No. 13, September 14, 2010 To All Category &#8211; I Authorised Dealer Banks Madam / Sir, Reporting under Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealer Category-I (AD Category &#8211; I) banks is invited to para 9 of Schedule 1 to the Foreign Exchange Management (Transfer or Issue of [...]]]></description>
		<wfw:commentRss>http://taxguru.in/rbi/rbi-circular-on-reporting-under-foreign-direct-investment-fdi-scheme.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Analysis of Foreign Direct Investment (FDI) Policy issued by DIPP on 1st April 2010</title>
		<link>http://taxguru.in/fema/analysis-of-foreign-direct-investment-fdi-policy-issued-by-dipp-on-1st-april-2010.html</link>
		<comments>http://taxguru.in/fema/analysis-of-foreign-direct-investment-fdi-policy-issued-by-dipp-on-1st-april-2010.html#comments</comments>
		<pubDate>Mon, 16 Aug 2010 02:38:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[DIPP]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[FDI policy]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=34080</guid>
		<description><![CDATA[The Department of Industrial Policy and Promotion (DIPP) has unveiled a Consolidated FDI Policy on 1 April 2010 which consolidates all the prior policies / regulations on Foreign direct investments (FDI) as per Foreign Exchange Control Regulations and Press Notes /Press Releases / Clarifications issued by DIPP, into a single document and thereby reflects the current 'policy framework' on FDI.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/analysis-of-foreign-direct-investment-fdi-policy-issued-by-dipp-on-1st-april-2010.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FDI in LLPs may be allowed up to 100 per cent</title>
		<link>http://taxguru.in/fema/fdi-in-llps-may-be-allowed-up-to-100-per-cent.html</link>
		<comments>http://taxguru.in/fema/fdi-in-llps-may-be-allowed-up-to-100-per-cent.html#comments</comments>
		<pubDate>Mon, 19 Jul 2010 23:36:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[LLP]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=32345</guid>
		<description><![CDATA[Foreign direct investment in new form of business, limited liability partnerships (LLPs), could be allowed without a cap, a highly placed source said."The officials have reached a consensus for 100 per cent FDI in LLPs," he said. Officials in the ministries of industry, finance and corporate affairs have been in regular consultations on the issue of allowing foreign direct investment (FDI) since the LLP form of business was notified in 2009.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/fdi-in-llps-may-be-allowed-up-to-100-per-cent.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government decided to allow Indian companies to freely enter into share-swap deals with foreign firms to facilitate cross-border mergers and acquisitions</title>
		<link>http://taxguru.in/fema/government-decided-to-allow-indian-companies-to-freely-enter-into-share-swap-deals-with-foreign-firms-to-facilitate-cross-border-mergers-and-acquisitions.html</link>
		<comments>http://taxguru.in/fema/government-decided-to-allow-indian-companies-to-freely-enter-into-share-swap-deals-with-foreign-firms-to-facilitate-cross-border-mergers-and-acquisitions.html#comments</comments>
		<pubDate>Wed, 02 Jun 2010 03:11:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[dea]]></category>
		<category><![CDATA[Department of Economic Affairs]]></category>
		<category><![CDATA[department of industrial policy and promotion]]></category>
		<category><![CDATA[DIPP]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[FIPB]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment promotion board]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=29090</guid>
		<description><![CDATA[The government has decided to allow Indian companies to freely enter into share-swap deals with foreign firms to facilitate cross-border mergers and acquisitions, provided such deals are consistent with the country’s policy on foreign direct investment (FDI).]]></description>
		<wfw:commentRss>http://taxguru.in/fema/government-decided-to-allow-indian-companies-to-freely-enter-into-share-swap-deals-with-foreign-firms-to-facilitate-cross-border-mergers-and-acquisitions.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government may allow 100% foreign owned NBFCs to set up subsidiaries in India</title>
		<link>http://taxguru.in/fema/government-may-allow-100-foreign-owned-nbfcs-to-set-up-subsidiaries-in-india.html</link>
		<comments>http://taxguru.in/fema/government-may-allow-100-foreign-owned-nbfcs-to-set-up-subsidiaries-in-india.html#comments</comments>
		<pubDate>Thu, 27 May 2010 02:38:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[financial consultancy]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[housing finance]]></category>
		<category><![CDATA[merchant banking]]></category>
		<category><![CDATA[nbfc]]></category>
		<category><![CDATA[stock broking]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=28511</guid>
		<description><![CDATA[The government will consider changes in rules to allow 100% foreign owned and well capitalised non-banking finance companies (NBFCs) to set up subsidiaries, removing the curbs introduced by the foreign direct investment guidelines issued last year. The Reserve Bank of India will work out the details of the changes, a government official told.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/government-may-allow-100-foreign-owned-nbfcs-to-set-up-subsidiaries-in-india.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government approves 24 Proposals of Foreign Direct Investment amounting to Rs. 1412.19 Crore approximately</title>
		<link>http://taxguru.in/fema/government-approves-24-proposals-of-foreign-direct-investment-amounting-to-rs-1412-19-crore-approximately.html</link>
		<comments>http://taxguru.in/fema/government-approves-24-proposals-of-foreign-direct-investment-amounting-to-rs-1412-19-crore-approximately.html#comments</comments>
		<pubDate>Fri, 21 May 2010 03:10:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[NRI inflow]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=28106</guid>
		<description><![CDATA[Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on May 7, 2010, Government has approved 24 Proposals of Foreign Direct Investment amounting to Rs. 1412.19 Crore approximately.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/government-approves-24-proposals-of-foreign-direct-investment-amounting-to-rs-1412-19-crore-approximately.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Consolidated FDI Policy Framework as specified in Circular No. 1 of 2010 is effective from 1 April 2010</title>
		<link>http://taxguru.in/fema/consolidated-fdi-policy-framework-as-specified-in-circular-no-1-of-2010-is-effective-from-1-april-2010.html</link>
		<comments>http://taxguru.in/fema/consolidated-fdi-policy-framework-as-specified-in-circular-no-1-of-2010-is-effective-from-1-april-2010.html#comments</comments>
		<pubDate>Mon, 17 May 2010 02:20:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[ECB Guidelines]]></category>
		<category><![CDATA[FDI Policy Framework]]></category>
		<category><![CDATA[FIPB]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[FVCI Investment]]></category>
		<category><![CDATA[FVCI investment in DVCF]]></category>
		<category><![CDATA[investments under FDI route]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=27856</guid>
		<description><![CDATA[Recently, the Government of India released the consolidated policy framework for Foreign Direct Investment (‘FDI’) in India. This policy framework contained in Circular No. 1 of 2010 is effective from 1 April 2010. The underlying rationale of the Circular is to promote FDI through a policy framework that is transparent, predictable, simple and clear and which reduces regulatory burden.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/consolidated-fdi-policy-framework-as-specified-in-circular-no-1-of-2010-is-effective-from-1-april-2010.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FDI in India &#8211; Revised Pricing Guidelines for Transfer of Shares by way of Sale</title>
		<link>http://taxguru.in/fema/fdi-in-india-revised-pricing-guidelines-for-transfer-of-shares-by-way-of-sale.html</link>
		<comments>http://taxguru.in/fema/fdi-in-india-revised-pricing-guidelines-for-transfer-of-shares-by-way-of-sale.html#comments</comments>
		<pubDate>Thu, 06 May 2010 01:48:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[authorised dealer]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=26888</guid>
		<description><![CDATA[Attention of the Authorised Dealer Category – I (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/fdi-in-india-revised-pricing-guidelines-for-transfer-of-shares-by-way-of-sale.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government plans to plug loopholes in investment of foreign equity from a single source into one company through multiple routes</title>
		<link>http://taxguru.in/fema/government-plans-to-plug-loopholes-in-investment-of-foreign-equity-from-a-single-source-into-one-company-through-multiple-routes.html</link>
		<comments>http://taxguru.in/fema/government-plans-to-plug-loopholes-in-investment-of-foreign-equity-from-a-single-source-into-one-company-through-multiple-routes.html#comments</comments>
		<pubDate>Tue, 27 Apr 2010 01:22:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[fii]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign equity]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[foreign venture capital institution]]></category>
		<category><![CDATA[oreign institutional investment]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=26312</guid>
		<description><![CDATA[The government plans to plug loopholes in investment of foreign equity from a single source into one company through multiple routes. Currently, different agencies monitor the foreign investment flow, leading to policy overlaps and violations.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/government-plans-to-plug-loopholes-in-investment-of-foreign-equity-from-a-single-source-into-one-company-through-multiple-routes.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government planing to tighten investment norms for non-resident Indians (NRI)</title>
		<link>http://taxguru.in/fema/government-planing-to-tighten-investment-norms-for-non-resident-indians-nri.html</link>
		<comments>http://taxguru.in/fema/government-planing-to-tighten-investment-norms-for-non-resident-indians-nri.html#comments</comments>
		<pubDate>Tue, 20 Apr 2010 02:01:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[Aviation]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[NRI investment]]></category>
		<category><![CDATA[nri investment norm]]></category>
		<category><![CDATA[real estate]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=25789</guid>
		<description><![CDATA[The government plans to tighten investment norms for non-resident Indians (NRI) in companies to ensure that they do not violate foreign direct investment (FDI) sectoral caps or enter areas where such investment is banned. The Reserve Bank of India (RBI) has also mooted a proposal to withdraw the special status given to NRIs for investing in sectors such as aviation, housing and real estate.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/government-planing-to-tighten-investment-norms-for-non-resident-indians-nri.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government extends interest subvention of 2 per cent for one more year for exports</title>
		<link>http://taxguru.in/finance/government-extends-interest-subvention-of-2-per-cent-for-one-more-year-for-exports.html</link>
		<comments>http://taxguru.in/finance/government-extends-interest-subvention-of-2-per-cent-for-one-more-year-for-exports.html#comments</comments>
		<pubDate>Wed, 03 Mar 2010 11:02:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[anand sharma]]></category>
		<category><![CDATA[Budget 2010]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[income tax act]]></category>
		<category><![CDATA[SEZ]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=22738</guid>
		<description><![CDATA[Earlier, SEZ unit holders and developers had raised concerns regarding continuation of tax benefits like income tax holiday after the Direct Tax Code comes into effect, replacing the existing Income Tax Act. The Minister informed the reporters that the Finance Minister in his Budget speech has said that the government is committed to ensuring continued growth of SEZs to draw investments and boost exports and employment.]]></description>
		<wfw:commentRss>http://taxguru.in/finance/government-extends-interest-subvention-of-2-per-cent-for-one-more-year-for-exports.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FIPB allowed to clear FDI proposals of up to Rs 1,200 crore</title>
		<link>http://taxguru.in/fema/fipb-allowed-to-clear-fdi-proposals-of-up-to-rs-1200-crore.html</link>
		<comments>http://taxguru.in/fema/fipb-allowed-to-clear-fdi-proposals-of-up-to-rs-1200-crore.html#comments</comments>
		<pubDate>Fri, 12 Feb 2010 02:00:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[Cabinet Committee of Economic Affairs]]></category>
		<category><![CDATA[CCEA]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment promotion board]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=21060</guid>
		<description><![CDATA[The government has allowed the Foreign Investment Promotion Board (FIPB), under the commerce ministry, to clear foreign direct investment (FDI) proposals of up to Rs 1,200 crore. At present, all project proposals that involve investment of above Rs 600 crore are put up before the Cabinet Committee of Economic Affairs (CCEA) for approval.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/fipb-allowed-to-clear-fdi-proposals-of-up-to-rs-1200-crore.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Review of cases requiring prior approval of Foreign Investment Promotion Board  (FIPB)</title>
		<link>http://taxguru.in/fema/review-of-cases-requiring-prior-approval-of-foreign-investment-promotion-board-fipb.html</link>
		<comments>http://taxguru.in/fema/review-of-cases-requiring-prior-approval-of-foreign-investment-promotion-board-fipb.html#comments</comments>
		<pubDate>Fri, 12 Feb 2010 01:44:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[Cabinet Committee of Economic Affairs]]></category>
		<category><![CDATA[CCEA]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment promotion board]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=21046</guid>
		<description><![CDATA[This article summarizes the latest Press Release issued by the Cabinet Committee on Economic Affairs (CCEA) on proposals requiring prior approval of the Foreign Investment Promotion Board (FIPB) and thereafter CCEA approval. As per the existing policy, the recommendations of FIPB for any proposal falling under approval route and involving total project cost of more than INR 6000 Million were referred to CCEA for approval.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/review-of-cases-requiring-prior-approval-of-foreign-investment-promotion-board-fipb.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Finance ministry asked DIPP to review of foreign investment policy to shut loopholes in the FDI policy</title>
		<link>http://taxguru.in/fema/finance-ministry-asked-dipp-to-review-of-foreign-investment-policy-to-shut-loopholes-in-the-fdi-policy.html</link>
		<comments>http://taxguru.in/fema/finance-ministry-asked-dipp-to-review-of-foreign-investment-policy-to-shut-loopholes-in-the-fdi-policy.html#comments</comments>
		<pubDate>Wed, 06 Jan 2010 03:14:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[domestic investments]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[foreign investments]]></category>
		<category><![CDATA[foreign investors]]></category>
		<category><![CDATA[indian banks]]></category>
		<category><![CDATA[investment limit]]></category>
		<category><![CDATA[investment policy]]></category>
		<category><![CDATA[loopholes]]></category>
		<category><![CDATA[offshoots]]></category>
		<category><![CDATA[owned company]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=18685</guid>
		<description><![CDATA[The finance ministry, upset with the new rules for calculating foreign direct investment (FDI) in Indian companies, has sought to overhaul the entire policy to shut ‘loopholes’ that allow investors to breach sectoral FDI caps through investments via offshoots. In a fresh missive to the Department of Industrial Policy and Promotion (DIPP), the government body responsible for framing foreign investment policy, the ministry has asked for a review of the policy that has caused much confusion among investors, foreign and Indian.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/finance-ministry-asked-dipp-to-review-of-foreign-investment-policy-to-shut-loopholes-in-the-fdi-policy.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>India will not tax foreign funds at their point of entry</title>
		<link>http://taxguru.in/sebi/india-will-not-tax-foreign-funds-at-their-point-of-entry.html</link>
		<comments>http://taxguru.in/sebi/india-will-not-tax-foreign-funds-at-their-point-of-entry.html#comments</comments>
		<pubDate>Mon, 14 Dec 2009 12:12:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[SEBI]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[capital inflows]]></category>
		<category><![CDATA[economic advisory council]]></category>
		<category><![CDATA[finance ministry]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[free float]]></category>
		<category><![CDATA[global recession]]></category>
		<category><![CDATA[indian stocks]]></category>
		<category><![CDATA[inflow]]></category>
		<category><![CDATA[institutional investment]]></category>
		<category><![CDATA[institutional investments]]></category>
		<category><![CDATA[investment accounts]]></category>
		<category><![CDATA[james tobin]]></category>
		<category><![CDATA[nobel winner]]></category>
		<category><![CDATA[pranab mukherjee]]></category>
		<category><![CDATA[tobin tax]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=17274</guid>
		<description><![CDATA[India will not tax foreign funds at their point of entry as the government believes the economy is resilient enough to absorb the dollar deluge. Such a tax on foreign inflows — called the Tobin tax, after its proponent, 1981 Economics Nobel winner James Tobin of the US — is being fiercely advocated by the EU and the UK, while Brazil has already imposed a 2 per cent levy. Finance minister Pranab Mukherjee, however, does not favour a tax on finances entering India. He told Parliament today that “the market mechanisms have sufficient resilience and have been functioning normally”.]]></description>
		<wfw:commentRss>http://taxguru.in/sebi/india-will-not-tax-foreign-funds-at-their-point-of-entry.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>ED claimed to have proof  of violation of FDI guidelines by Emaar MGF</title>
		<link>http://taxguru.in/fema/ed-claimed-to-have-proof-of-violation-of-fdi-guidelines-by-emaar-mgf.html</link>
		<comments>http://taxguru.in/fema/ed-claimed-to-have-proof-of-violation-of-fdi-guidelines-by-emaar-mgf.html#comments</comments>
		<pubDate>Mon, 07 Dec 2009 03:11:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[agricultural land]]></category>
		<category><![CDATA[agriculture land]]></category>
		<category><![CDATA[caymon islands]]></category>
		<category><![CDATA[emaar mgf]]></category>
		<category><![CDATA[emaar properties]]></category>
		<category><![CDATA[enforcement directorate]]></category>
		<category><![CDATA[foreign currency]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[joint venture]]></category>
		<category><![CDATA[mauritius]]></category>
		<category><![CDATA[real estate group]]></category>
		<category><![CDATA[search operation]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=16590</guid>
		<description><![CDATA[The Enforcement Directorate(ED) on Friday claimed to have found evidence of "large-scale" violations of Foreign Direct Investment(FDI) guidelines by real-estate major Emaar MGF in purchase of land. During its searches carried out at 13 premises of the group on Thursday, ED also claimed to have recovered about Rs nine crore in cash, two kg of gold and foreign currency worth Rs 5 lakh.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/ed-claimed-to-have-proof-of-violation-of-fdi-guidelines-by-emaar-mgf.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sue the accountant</title>
		<link>http://taxguru.in/chartered-accountant/sue-the-accountant.html</link>
		<comments>http://taxguru.in/chartered-accountant/sue-the-accountant.html#comments</comments>
		<pubDate>Sat, 05 Dec 2009 07:43:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CA CS ICWA]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[accounting firms]]></category>
		<category><![CDATA[claimants]]></category>
		<category><![CDATA[correct decisions]]></category>
		<category><![CDATA[creditors]]></category>
		<category><![CDATA[diligence]]></category>
		<category><![CDATA[encouragement]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[good faith]]></category>
		<category><![CDATA[innocence]]></category>
		<category><![CDATA[law firms]]></category>
		<category><![CDATA[lawsuits]]></category>
		<category><![CDATA[legal sector]]></category>
		<category><![CDATA[litigation firms]]></category>
		<category><![CDATA[personal assets]]></category>
		<category><![CDATA[shareholders]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=16374</guid>
		<description><![CDATA[The role of modern day accounting professionals has come a long way, from a core accounting function to that of being viewed as a corporate gatekeeper. Today’s professionals are not just auditors, certifying routine book of accounts, but also on the boards of companies as directors. This multi disciplinary role puts emphasis on "always taking the correct decisions and doing everything right". While accountants look to successfully achieve the set standards, they are increasingly exposed to being targets for easy lawsuits, bought against them by third parties. A series of lawsuits filed against some of the reputed accounting firms and professionals is a beginning of the trend. ]]></description>
		<wfw:commentRss>http://taxguru.in/chartered-accountant/sue-the-accountant.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Absence of tax free climate affected inflows of foreign investment in the shipping sector</title>
		<link>http://taxguru.in/fema/absence-of-tax-free-climate-affected-inflows-of-foreign-investment-in-the-shipping-sector.html</link>
		<comments>http://taxguru.in/fema/absence-of-tax-free-climate-affected-inflows-of-foreign-investment-in-the-shipping-sector.html#comments</comments>
		<pubDate>Fri, 04 Dec 2009 04:22:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[climate]]></category>
		<category><![CDATA[competitiveness]]></category>
		<category><![CDATA[FBT]]></category>
		<category><![CDATA[fiscal incentives]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[imposition]]></category>
		<category><![CDATA[international business]]></category>
		<category><![CDATA[shipping companies]]></category>
		<category><![CDATA[shipping sector]]></category>
		<category><![CDATA[tonnage tax]]></category>
		<category><![CDATA[trade barriers]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=16261</guid>
		<description><![CDATA[Absence of tax-free climate has affected inflows of foreign investment in the shipping sector, reducing its competitiveness, the government informed Rajya Sabha. “The Indian flag suffers from certain barriers in terms of tax and duty structures which may have impeded the growth of foreign direct investment (FDI),” shipping minister GK Vasan told Rajya Sabha. As per him new taxes in the form of service tax, FBT etc reduced its competitiveness.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/absence-of-tax-free-climate-affected-inflows-of-foreign-investment-in-the-shipping-sector.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Governments have no plan to further liberalize FDI in retail sector</title>
		<link>http://taxguru.in/fema/governments-have-no-plan-to-further-liberalize-foreign-investment-in-retail-sector.html</link>
		<comments>http://taxguru.in/fema/governments-have-no-plan-to-further-liberalize-foreign-investment-in-retail-sector.html#comments</comments>
		<pubDate>Fri, 27 Nov 2009 02:41:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[carrefour]]></category>
		<category><![CDATA[fdi in retail sector]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[wal mart]]></category>
		<category><![CDATA[wal mart stores]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=15600</guid>
		<description><![CDATA[The government has no plan to further liberalize foreign investment in retail sector, the commerce and industry minister said.India, currently, does not permit foreign direct investment (FDI) in multiple-brand retailers, restricting global firms like Wal-Mart Stores and Carrefour from selling directly to customers in the country. Foreign holdings in single-branded retailers are capped at 51%.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/governments-have-no-plan-to-further-liberalize-foreign-investment-in-retail-sector.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>State governments to monitor violation of FDI regulation in retail sector</title>
		<link>http://taxguru.in/fema/state-governments-to-monitor-violation-of-fdi-regulation-in-retail-sector.html</link>
		<comments>http://taxguru.in/fema/state-governments-to-monitor-violation-of-fdi-regulation-in-retail-sector.html#comments</comments>
		<pubDate>Thu, 26 Nov 2009 02:40:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[domestic investment]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign exchange management]]></category>
		<category><![CDATA[institutional users]]></category>
		<category><![CDATA[management act]]></category>
		<category><![CDATA[ministry of commerce]]></category>
		<category><![CDATA[parliamentary standing committee]]></category>
		<category><![CDATA[personal consumption]]></category>
		<category><![CDATA[retail companies]]></category>
		<category><![CDATA[retail sector]]></category>
		<category><![CDATA[secretaries and administrators]]></category>
		<category><![CDATA[state governments]]></category>
		<category><![CDATA[union territories]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=15492</guid>
		<description><![CDATA[It has directed them to create a “suitable mechanism” to hold periodic scrutiny against violation of Foreign Exchange Management Act (FEMA). The move comes after it was found that some foreign retail companies or joint ventures, which had permission to undertake only “cash &#038; carry wholesale trading” were violating the rules. They were apparently selling directly for personal consumption, which is prohibited. It was also noticed that companies that were allowed to operate single-brand retail outlets sold multiple brands in violation of permission.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/state-governments-to-monitor-violation-of-fdi-regulation-in-retail-sector.html/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Proposal to give FM power to approve foreign investments of up to Rs 1,200 crore</title>
		<link>http://taxguru.in/finance/proposal-to-give-fm-power-to-approve-foreign-investments-of-up-to-rs-1200-crore.html</link>
		<comments>http://taxguru.in/finance/proposal-to-give-fm-power-to-approve-foreign-investments-of-up-to-rs-1200-crore.html#comments</comments>
		<pubDate>Tue, 10 Nov 2009 02:31:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[cabinet committee]]></category>
		<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[economic affairs]]></category>
		<category><![CDATA[finance minister]]></category>
		<category><![CDATA[FIPB]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment promotion board]]></category>
		<category><![CDATA[foreign investments]]></category>
		<category><![CDATA[global liquidity]]></category>
		<category><![CDATA[investment promotion board]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=14384</guid>
		<description><![CDATA[The finance minister could approve foreign investments of up to Rs 1,200 crore (Rs 12 billion), without going to the Cabinet, if a proposal of the Department of Industrial Policy and Promotion to fast-track clearance of foreign direct investment is accepted.]]></description>
		<wfw:commentRss>http://taxguru.in/finance/proposal-to-give-fm-power-to-approve-foreign-investments-of-up-to-rs-1200-crore.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Restrictions on outbound remittance of royalties and lumpsum fee for transfer of technology to be relaxed</title>
		<link>http://taxguru.in/fema/restrictions-on-outbound-remittance-of-royalties-and-lumpsum-fee-for-transfer-of-technology-to-be-relaxed.html</link>
		<comments>http://taxguru.in/fema/restrictions-on-outbound-remittance-of-royalties-and-lumpsum-fee-for-transfer-of-technology-to-be-relaxed.html#comments</comments>
		<pubDate>Sun, 08 Nov 2009 02:45:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[collaboration agreements]]></category>
		<category><![CDATA[collaborator]]></category>
		<category><![CDATA[cutting edge technology]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign technology]]></category>
		<category><![CDATA[government of india]]></category>
		<category><![CDATA[indian residents]]></category>
		<category><![CDATA[investment india]]></category>
		<category><![CDATA[investment policy]]></category>
		<category><![CDATA[regulatory approvals]]></category>
		<category><![CDATA[regulatory norms]]></category>
		<category><![CDATA[remittance]]></category>
		<category><![CDATA[remittances]]></category>
		<category><![CDATA[royalty payment]]></category>
		<category><![CDATA[technological capability]]></category>
		<category><![CDATA[technology collaboration]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=14329</guid>
		<description><![CDATA[Under the existing regulatory norms, remittances made by Indian residents to a foreign collaborator are permissible without any prior regulatory approvals to the extent of a lumpsum fee of USD 2 million and royalty payment of 5% on domestic sales and 8% on exports. However, payments in excess of the specified caps would require a prior approval from the Government.]]></description>
		<wfw:commentRss>http://taxguru.in/fema/restrictions-on-outbound-remittance-of-royalties-and-lumpsum-fee-for-transfer-of-technology-to-be-relaxed.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Goods and Services Tax may not be applicable from April 1, 2010</title>
		<link>http://taxguru.in/goods-and-service-tax/goods-and-services-tax-may-not-be-applicable-from-april-1-2010.html</link>
		<comments>http://taxguru.in/goods-and-service-tax/goods-and-services-tax-may-not-be-applicable-from-april-1-2010.html#comments</comments>
		<pubDate>Sat, 31 Oct 2009 16:59:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[finance minister]]></category>
		<category><![CDATA[finance ministers]]></category>
		<category><![CDATA[financial sector reforms]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investments]]></category>
		<category><![CDATA[goods and services tax]]></category>
		<category><![CDATA[insurance sector]]></category>
		<category><![CDATA[legislative measures]]></category>
		<category><![CDATA[pension money]]></category>
		<category><![CDATA[pension reforms]]></category>
		<category><![CDATA[political consensus]]></category>
		<category><![CDATA[reform measure]]></category>
		<category><![CDATA[state finance]]></category>
		<category><![CDATA[system rollout]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=14013</guid>
		<description><![CDATA[The Finance Minister, Mr Pranab Mukherjee, on Friday hinted at some slippage to the scheduled Goods and Services Tax (GST) system rollout by April 1, 2010. Introduction of the GST, billed as a flagship tax reform measure of the UPA Government, is considered crucial for attracting increased doses of domestic and foreign investments.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Government planning to cover LLPs under FDI norms</title>
		<link>http://taxguru.in/partnership-act/government-planning-to-cover-llps-under-fdi-norms.html</link>
		<comments>http://taxguru.in/partnership-act/government-planning-to-cover-llps-under-fdi-norms.html#comments</comments>
		<pubDate>Tue, 13 Oct 2009 13:40:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Partnership]]></category>
		<category><![CDATA[corporate affairs]]></category>
		<category><![CDATA[corporate structure]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[foreign investors]]></category>
		<category><![CDATA[government official]]></category>
		<category><![CDATA[investment guidelines]]></category>
		<category><![CDATA[investment policy]]></category>
		<category><![CDATA[law firms]]></category>
		<category><![CDATA[limited liability companies]]></category>
		<category><![CDATA[limited liability partnerships]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=13538</guid>
		<description><![CDATA[The government is working to bring limited liability partnerships (LLPs) within the scope of foreign direct investment guidelines, a move which will facilitate the inflow of overseas capital through a corporate structure that has just recently been allowed in India.]]></description>
		<wfw:commentRss>http://taxguru.in/partnership-act/government-planning-to-cover-llps-under-fdi-norms.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI suggested exclusion of ADR, GDR, FCCB and convertible warrants while calculating FDI for banks</title>
		<link>http://taxguru.in/fema/rbi-suggested-exclusion-of-adr-gdr-fccb-and-convertible-warrants-while-calculating-fdi-for-banks.html</link>
		<comments>http://taxguru.in/fema/rbi-suggested-exclusion-of-adr-gdr-fccb-and-convertible-warrants-while-calculating-fdi-for-banks.html#comments</comments>
		<pubDate>Sat, 22 Aug 2009 01:38:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[adrs]]></category>
		<category><![CDATA[american depository receipts]]></category>
		<category><![CDATA[convertible bonds]]></category>
		<category><![CDATA[foreign currency]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign investment]]></category>
		<category><![CDATA[foreign investments]]></category>
		<category><![CDATA[gdr]]></category>
		<category><![CDATA[gdrs]]></category>
		<category><![CDATA[global depository receipts]]></category>
		<category><![CDATA[hdfc bank]]></category>
		<category><![CDATA[indian banks]]></category>
		<category><![CDATA[overseas investment]]></category>
		<category><![CDATA[private banks]]></category>
		<category><![CDATA[reserve bank of india]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=11554</guid>
		<description><![CDATA[The contentious issue of foreign ownership in local banks is set to be resolved. The Reserve Bank of India (RBI) has suggested to the finance ministry that foreign investment in local banks in the form of American depository receipts (ADRs), global depository receipts, foreign currency convertible bonds and any type of convertible warrants be excluded while calculating the foreign direct investment (FDI) [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI, finance ministry divided on FDI relaxation given by of Press Notes</title>
		<link>http://taxguru.in/fema/rbi-finance-ministry-divided-on-fdi-relaxation-given-by-of-press-notes.html</link>
		<comments>http://taxguru.in/fema/rbi-finance-ministry-divided-on-fdi-relaxation-given-by-of-press-notes.html#comments</comments>
		<pubDate>Tue, 28 Apr 2009 15:38:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FEMA]]></category>
		<category><![CDATA[capital account convertibility]]></category>
		<category><![CDATA[DIPP]]></category>
		<category><![CDATA[economic affairs]]></category>
		<category><![CDATA[FDI]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[finance ministry]]></category>
		<category><![CDATA[foreign currency]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[foreign exchange management]]></category>
		<category><![CDATA[reserve bank of india]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=6603</guid>
		<description><![CDATA[It&#8217;s the central bank &#38; finance ministry versus commerce over &#8216;unintended liberalisation&#8217; permitted in February guidelines. Differences have developed between both the Reserve Bank of India (RBI) and the finance ministry and within the government on the impact of Press Notes 2, 3 and 4 issued in February 2009 that significantly relax the guidelines on [...]]]></description>
		<wfw:commentRss>http://taxguru.in/fema/rbi-finance-ministry-divided-on-fdi-relaxation-given-by-of-press-notes.html/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreign Direct Investment in India -Transfer of Shares / Preference Shares / Convertible Debentures by way of Sale &#8211; Modified Reporting Mechanism</title>
		<link>http://taxguru.in/rbi/foreign-direct-investment-in-india-transfer-of-shares-preference-shares-convertible-debentures-by-way-of-sale-modified-reporting-mechanism.html</link>
		<comments>http://taxguru.in/rbi/foreign-direct-investment-in-india-transfer-of-shares-preference-shares-convertible-debentures-by-way-of-sale-modified-reporting-mechanism.html#comments</comments>
		<pubDate>Fri, 24 Apr 2009 13:42:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[amendments]]></category>
		<category><![CDATA[circulars]]></category>
		<category><![CDATA[convertible debentures]]></category>
		<category><![CDATA[convertible preference shares]]></category>
		<category><![CDATA[foreign direct investment]]></category>
		<category><![CDATA[investee company]]></category>
		<category><![CDATA[KYC]]></category>
		<category><![CDATA[reserve]]></category>
		<category><![CDATA[Transfer of Shares]]></category>

		<guid isPermaLink="false">http://www.taxguru.in/?p=6128</guid>
		<description><![CDATA[RESERVE BANK OF INDIA RBI/2008-09/447      A. P. (DIR Series) Circular No.63 April 22, 2009 To All Category-I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment in India -Transfer of Shares / Preference Shares / Convertible Debentures by way of Sale &#8211; Modified Reporting Mechanism Attention of the Authorised Dealer Category – I (AD [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>

