FDI circulars

A Knight in Shining Armor against Opportunist Takeover OR Capitulation for Growth

Fema / RBI - The Government of India revised the Foreign Investment Policy foreseeing the threat of opportunistic takeovers due to the COVID-19. Knight Shield against Opportunist Takeover, 'a non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited....

Read More

Decoding FDI and FPI from Neighbouring Countries of India

Fema / RBI - On April 17, 2020, Department for Promotion of Industry and Internal Trade came up with an amendment in Foreign Direct Investment Policy, 2017 vide Press Release No. 3 (2020 Series) in order to shield the corporates from hostile acquisitions which may arise due to downward trend in the share prices of the Company. The experts […]...

Read More

Right move to protect interest of Indian firms through FDI restrictions

Fema / RBI - Right move to protect interest of Indian firms and their stakeholders through FDI restrictions by GoI The constantly increasing Covid-19 pandemic has cast a shadow on the Indian and as well as global economy, which was already reeling under pressure by the US-China trade war. This shock comes at a particularly unfortunate time for India, ...

Read More

Foreign Investment from China to fall under Government Route?

Fema / RBI - The Indian Government has always taken steps towards promoting foreign investor interests’ in the Indian businesses. Past initiatives such as Make in India, Start-Up India programs are live examples of attracting foreign investors to the Indian business market....

Read More

FDI Rules amended to curb opportunistic takeovers of Indian Companies

Fema / RBI - Government of India changes FDI Rules to curb opportunistic takeovers of Indian Companies. Change in Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic During the ongoing global pandemic of COVID—19, stock markets across the world had crashed. ...

Read More

Guidelines for Single Brand Retail Trade 

Fema / RBI - FDI policy on Single Brand Retail Trade(SBRT) has been in operation since 2006. From 2006 till 29.03.2018, 112 brands have obtained approval of Government for SBRT activities....

Read More

DIPP clarifies on FDI policy on e-commerce after recent media reports

Fema / RBI - FDI policy on e-commerce, first pronounced through Press Note 2 of 2000, permitted 100% FDI in B2B e-commerce With a view to clarify the already existing policy framework, after extensive stakeholder consultations, Press Note 3 was issued by DIPP in 2016. B2C e-commerce, that is multi-brand retail through inventory based model, has all al...

Read More

Consolidated FDI Policy Circular 2017- Invite comments from stakeholders

Fema / RBI - Comments/ suggestions on 'Consolidated Foreign Direct Investment Policy Circular of 2016' are invited from stakeholders by 27/01/2017 for consideration....

Read More

Consolidated FDI Policy Circular-Issue of fifth edition of the Circular -Inviting comments from stakeholders

Fema / RBI - Department of Industrial Policy & Promotion had issued a Consolidated FDI Policy Circular (Circular 1 of 2010) on 31.03.2010,making all information on Foreign Direct Investment (FDI) Policy available at one place and subsuming all earlier Press Notes/ /Press Releases/ Clarifications regarding Government policy on FDI, issued by the Depart...

Read More
Sorry No Post Found

Standard Operating Procedure for Processing FDI Proposals

F. No. 1/8/2016-FDI Policy - (09/11/2020) - Upon receipt of the FDI application, the concerned Administrative Ministry/Department shall process the application as per the Standard Operating Procedure (SOP). If the online filing of application is with digital signature by authorised signatory, physical submission of the copy is not required. F...

Read More

Consolidated FDI Policy (Effective From October 15, 2020)

DPIIT File Number 5(2)/2020-FDI Policy - (15/10/2020) - Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry Government of India Consolidated FDI Policy (Effective from October 15, 2020) Government of India Ministry of Commerce Sr Industry Department for Promotion of Industry and Internal Trade (FDI Division) Consolid...

Read More

Govt approves amendment in FDI Policy on Defence Sector

Press Note No. 4 (2020 Series) / DPIIT File No.: 5(8)/ 2020-FDI Policy - (17/09/2020) - Press Note No. 4 (2020 Series), reviewing Foreign Direct Investment (FDI) Policy in Defence Sector Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has issued Press Note No. 4 (2020 Series), reviewing Foreign Direct Investment (FDI) Policy in Defence...

Read More

Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2020

[F. No. 01/05/EM/2019-Part (1)] [S.O. 1278 (E)] - (22/04/2020) - Provided that an entity of a country, which shares land border with India or the beneficial owner of an investment into India who is situated in or is a citizen of any such country, shall invest only with the Government approval:...

Read More

Govt restricts FDI from Countries with which India share Land Border

Press Note No. 03 (2020 Series) - (17/04/2020) - A non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. However, an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such coun...

Read More

Recent Posts in "FDI circulars"

Standard Operating Procedure for Processing FDI Proposals

F. No. 1/8/2016-FDI Policy (09/11/2020)

Upon receipt of the FDI application, the concerned Administrative Ministry/Department shall process the application as per the Standard Operating Procedure (SOP). If the online filing of application is with digital signature by authorised signatory, physical submission of the copy is not required. For applications without digital signatur...

Read More

Consolidated FDI Policy (Effective From October 15, 2020)

DPIIT File Number 5(2)/2020-FDI Policy (15/10/2020)

Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry Government of India Consolidated FDI Policy (Effective from October 15, 2020) Government of India Ministry of Commerce Sr Industry Department for Promotion of Industry and Internal Trade (FDI Division) Consolidated FDI Policy Circular of 2020 Subject...

Read More

Govt approves amendment in FDI Policy on Defence Sector

Press Note No. 4 (2020 Series) / DPIIT File No.: 5(8)/ 2020-FDI Policy (17/09/2020)

Press Note No. 4 (2020 Series), reviewing Foreign Direct Investment (FDI) Policy in Defence Sector Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has issued Press Note No. 4 (2020 Series), reviewing Foreign Direct Investment (FDI) Policy in Defence Sector. The decision will take effect f...

Read More

A Knight in Shining Armor against Opportunist Takeover OR Capitulation for Growth

The Government of India revised the Foreign Investment Policy foreseeing the threat of opportunistic takeovers due to the COVID-19. Knight Shield against Opportunist Takeover, 'a non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited....

Read More
Posted Under: Fema / RBI |

Decoding FDI and FPI from Neighbouring Countries of India

On April 17, 2020, Department for Promotion of Industry and Internal Trade came up with an amendment in Foreign Direct Investment Policy, 2017 vide Press Release No. 3 (2020 Series) in order to shield the corporates from hostile acquisitions which may arise due to downward trend in the share prices of the Company. The experts […]...

Read More
Posted Under: Fema / RBI |

Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2020

[F. No. 01/05/EM/2019-Part (1)] [S.O. 1278 (E)] (22/04/2020)

Provided that an entity of a country, which shares land border with India or the beneficial owner of an investment into India who is situated in or is a citizen of any such country, shall invest only with the Government approval:...

Read More

Right move to protect interest of Indian firms through FDI restrictions

Right move to protect interest of Indian firms and their stakeholders through FDI restrictions by GoI The constantly increasing Covid-19 pandemic has cast a shadow on the Indian and as well as global economy, which was already reeling under pressure by the US-China trade war. This shock comes at a particularly unfortunate time for India, ...

Read More
Posted Under: Fema / RBI |

Foreign Investment from China to fall under Government Route?

The Indian Government has always taken steps towards promoting foreign investor interests’ in the Indian businesses. Past initiatives such as Make in India, Start-Up India programs are live examples of attracting foreign investors to the Indian business market....

Read More
Posted Under: Fema / RBI |

FDI Rules amended to curb opportunistic takeovers of Indian Companies

Government of India changes FDI Rules to curb opportunistic takeovers of Indian Companies. Change in Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic During the ongoing global pandemic of COVID—19, stock markets across the world had crashed. ...

Read More
Posted Under: Fema / RBI |

Govt restricts FDI from Countries with which India share Land Border

Press Note No. 03 (2020 Series) (17/04/2020)

A non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. However, an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Governmen...

Read More

Review of FDI policy on Coal & Lignite, Contract Manufacturing, Single Brand Retail Trading, Digital Media

Press Note No. 4 (2019 Series) (18/09/2019)

DPPI has reviewed Foreign Direct Investment (FDI) policy Coal & Lignite, Contract Manufacturing, Single Brand Retail Trading, Digital Media sector vide Press Note No. 4 (2019 Series). Government of India Ministry of Commerce & Industry Department for Promotion of Industry and Internal Trade FDI Policy Section Press Note No. 4 (201...

Read More

Withdrawal of Press Note No. 17 (1984 Series)

Press Note No. 3 (2019 Series) (11/09/2019)

The Press Note No. 17 (1984) series regarding Environmental clearance of Industrial Licence- conditions of Letter of Intent/Industrial Licence, relates to pre-1991 period. After the Industrial Policy Resolution 1991, and considering various amendments made to Notification No. 477(E) dated 25th July, 1991 only the following four Industrie...

Read More

Licensing requirement for Parts and Accessories in Defence Sector

Press Note No. 2 (2019 Series) (11/09/2019)

In reference to Press Note 1 (2019 Series) dated January 1, 2019 it is hereby clarified that No Industrial Licence/Arms Licence is required for the manufacture of any parts or accessories in Defence Sector, unless they are specifically listed in any of the Annexures of the said Press Note....

Read More

Guidelines for Single Brand Retail Trade 

FDI policy on Single Brand Retail Trade(SBRT) has been in operation since 2006. From 2006 till 29.03.2018, 112 brands have obtained approval of Government for SBRT activities....

Read More
Posted Under: Fema / RBI |

Convertible Notes in India: Raising fund from Foreign Investors

Govt. of India issued Consolidated FDI Policy in 2017. The thrust of the policy is to make India an attractive investment destination for foreign investors. A key feature of these policy announcements has been to boost fundraising options for home-grown startups by permitting startups to raise funds through issuance of Convertible Notes w...

Read More
Posted Under: Fema / RBI |

DIPP clarifies on FDI policy on e-commerce after recent media reports

FDI policy on e-commerce, first pronounced through Press Note 2 of 2000, permitted 100% FDI in B2B e-commerce With a view to clarify the already existing policy framework, after extensive stakeholder consultations, Press Note 3 was issued by DIPP in 2016. B2C e-commerce, that is multi-brand retail through inventory based model, has all al...

Read More
Posted Under: Fema / RBI |

New FDI guidelines for e-commerce companies doing business in India

Press Note No. 2 (2018 Series) (26/12/2018)

Review of the policy on Foreign Direct Investment (FDI) in e-commerce- e-commerce marketplace entity will not mandate any seller to sell any product exclusively on its platform only....

Read More

FDI Policy Amendment as on 23.01.2018

Para 5.2 (h) of FDI Policy is replaced with the following: Wherever the foreign investor wishes to specify a particular auditor/audit firm having international network for the Indian investee company, then audit of such investee companies should be carried out as joint audit wherein one of the auditors should not be part of the same netwo...

Read More
Posted Under: Fema / RBI |

FDI policy- Govt notifies Condition of Indian Auditor with International Audit Firms

Press Note No. 1 (2018 Series) (23/01/2018)

Prohibition of restrictive conditions regarding audit firms Para 5.2 (h) of FDI Policy is replaced with the following: Wherever the foreign investor wishes to specify a particular auditor/audit firm having international network for the Indian investee company, then audit of such investee companies should be carried out as joint audit wher...

Read More

Consolidated FDI Policy Circular of 2017- Effective from August 28, 2017

D/o IPP F. No. 5(1)/2017-FC-1 (28/08/2017)

Consolidated FDI Policy Circular of 2017 Effective from August 28, 2017- It is the intent and objective of the Government of India to attract and promote foreign direct investment in order to supplement domestic capital, technology and skills, for accelerated economic growth. Foreign Direct Investment, as distinguished from portfolio inve...

Read More

Amendment in foreign investment policy in Indian Stock Exchanges

Press Note No. 1 (2017 Series) (20/02/2017)

Infrastructure companies in Securities Markets, namely, stock exchanges, commodity exchanges, corporations, Regulations depositories and clearing in compliance with SEBI...

Read More

Consolidated FDI Policy Circular 2017- Invite comments from stakeholders

Comments/ suggestions on 'Consolidated Foreign Direct Investment Policy Circular of 2016' are invited from stakeholders by 27/01/2017 for consideration....

Read More
Posted Under: Fema / RBI |

Govt. allows 100 % FDI in scheduled & regional Air Transport services

Notification No. G.S.R. 1089(E) (25/11/2016)

1) (a) Scheduled Air Transport Service/Domestic Scheduled Passenger Airline -100% for NRIs under Automatic Route. (2) Non-Scheduled Air Transport Service- 100% (3) Helicopter services/ seaplane services requiring DGCA approval - 100%...

Read More

Amendment in FDI Policy on Other Financial Services

Press Note No. 6 (2016 Series) (09/10/2016)

Foreign investment in 'Other Financial Services' activities shall be subject to conditionalities, including minimum capitalization norms, as specified by the concerned Regulator/Government Agency....

Read More

Review of sectoral caps & simplification of FDI Policy

RBI/2016-17/88 A.P. (DIR Series) Circular No. 6 (20/10/2016)

An entity engaged in single brand retail trading operating through brick and mortar stores, is permitted to undertake retail trading through e-commerce....

Read More

Foreign investment in Other Financial Services

RBI/2016-17/90 A.P. (DIR Series) Circular No. 8 (20/10/2016)

On a review, in consultation with the Government of India, it has been decided to allow foreign investment up to 100% under the automatic route in ‘Other Financial Services’....

Read More

Review of FDI policy on various sectors

Press Note No. 5 (2016 Series) (24/06/2016)

The Government of India has reviewed the extant FDI policy on various sectors and made following amendments in the Consolidated FDI Policy Circular of 2016 issued on June 07, 2016 (FDI Policy)....

Read More

Consolidated FDI Policy Circular of 2016 wef June 07, 2016

Circular No. D/o IPP F. No. 5(1)/2016-FC-1 (07/06/2016)

Press Information Officer, Press Information Bureau- for giving wide publicity to the above circular. 2. NIC, DIPP for uploading the Circular on DIPP's website. 3. Department of Economic Affairs, Ministry of Finance, New Delhi....

Read More

Policy on foreign investment for Asset Reconstruction Companies

Press Note No. 4(2016 Series) (06/05/2016)

(i) Persons resident outside India can invest in the capital of Asset Reconstruction Companies (ARCs) registered with Reserve Bank, up to 49% on the automatic route, and beyond 49% on the Government route. (ii) No sponsor may hold more than 50% of the shareholding in an ARC either by way of FDI or by routing it through an FII/FPI control...

Read More

Guidelines for Foreign Direct Investment (FDI) on E-commerce

Press Note No 3 (2016 Series) (29/03/2016)

As per the FDI policy, contained in the `Consolidated FDI Policy Circular 2015' (FDI Policy) as amended from time to time, FDI up to 100% under automatic route is permitted in Business to Business (B2B) e-commerce. No FDI is permitted in Business to Consumer (B2C) e-commerce. However, FDI in B2C e-commerce is permitted in following ci...

Read More

Govt permits upto 49% FDI in pension sector under automatic route

Press Note No. 2(2016 Series) (23/03/2016)

The Government of India has liberalized its Foreign Direct Investment (FDI) policy on Pension sector. Accordingly, Paragraph 6.2.18.7 his. of `Consolidated FDI Policy Circular 2015', effective from 12.5.2015, is amended to read as below:...

Read More

Govt permits upto 49% FDI in Insurance sector under automatic route

Press Note No. 1(2016 Series) (23/03/2016)

The Government of India has liberalized its Foreign Direct Investment policy on Insurance Sector. Accordingly, Paragraph 6.2.18.7 of `Consolidated FDI Policy Circular 2015', effective from 12.5.2015, is amended to read as below:...

Read More

Indian Insurance Companies Foreign Investment Amendment Rules, 2016

Notification No. G.S.R. 314(E) [F. No. 12018/1/2006-Ins.IV] (16/03/2016)

The Foreign Investment proposals up to forty-nine per cent of the total paid up equity of the Indian Insurance Company shall be allowed on the automatic route subject to verification by the Insurance Regulatory and Development Authority of India...

Read More

Review of Foreign Direct Investment (FDI) policy on various sectors

Press Note No. 12 (2015 Series) (24/11/2015)

The Government of India has reviewed the extant FDI policy on various sectors and made following amendments in the Consolidated FDI Policy Circular of 2015 (FDI Policy), effective from May 12, 2015, and as amended from time to time....

Read More

Clarification on FDI Policy on Facility Sharing Arrangements between Group Companies

D/o IPP File No. 12/15/2009-FC-1 (15/09/2015)

This Department has received certain references on the issue as to whether entering into facility sharing agreement through leasing/sub-leasing arrangements within group companies for the larger purposes of business activities would be constructed to mean ‘real estate’ business within the provisions of Consolidated FDI Policy Circular...

Read More

Review of existing FDI policy on Partly Paid Shares and Warrants

Press Note No. 9 (2015 Series) (15/09/2015)

Review of existing Foreign Direct Investment policy on Partly Paid Shares and Warrants Press Note No. 9 (2015 Series) Dated- 15.09.2015...

Read More

Composite Caps for Simplification of FDI policy to attract foreign investment

Press Note No. 8 (2015 Series) (30/07/2015)

In the sectors/activities as per Annexure, foreign investment up to the limit indicated against each sector/activity is allowed, subject to the conditions of the extant policy on specified sectors and applicable laws/regulations; security and other conditionalities. In sectors/activities not listed therein, foreign investment is permitted...

Read More

Guidelines for permitting the use of ‘Make in India’ logo -regarding

F. No.: 5(46)/2014-BE-III (21/07/2015)

The Department of Industrial Policy & Promotion (DIPP), Government of India has launched extensive international & domestic media campaigns under the ‘Make in India’ initiative. The 'Make in India' Logo and other related proprietary material are valuable assets of DIPP....

Read More

Revision in investment limit for cases requiring prior approval of FIPB/ CCEA

Press Note No. 6 (2015 Series) (03/06/2015)

Press Note No. 6 (2015 Series) The Government of India has reviewed the position in this regard and decided to revise the investment limit for cases requiring prior approval of the Foreign Investment Promotion Board (FIPB)/ Cabinet Committee on Economic Affairs (CCEA)....

Read More

Amendment in definition of NRI & investment rules under FDI Policy

Press Note No. 7 (2015 Series) (03/06/2015)

The Government of India has reviewed the FDI policy relating to investments by Non. Resident Indians (NRIs), Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs). It has been decided to amend the definition of Non Resident Indian as contained in the FDI policy, and also to provide that for the purposes of FDI policy, inve...

Read More

Consolidated FDI Policy of 2015 – Key changes & Comparative

The Ministry of Commerce & Industry released the consolidated Foreign Direct Investment policy of 2015 effective from May 12, 2015. We list below the key changes. Further, a detailed comparative of changes incorporated in FDI Policy 2015 juxtaposed with the consolidated FDI policy of 2014 is specified in Annexure A. ...

Read More
Posted Under: Fema / RBI |

Consolidated FDI Policy (Effective from May 12, 2015)

D/o IPP F. No. 5(1)/2015-FC-1 (12/05/2015)

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Consolidated FDI Policy Circular of 2015 Subject: Consolidated FDI Policy The ‘Consolidated FDI Policy’ is attached. 2. This Circular will take effect from May 12, 2015. (Atul Chaturvedi) Joint Secretary to the Government of...

Read More

Initial validity of Industrial License for Defence Sector revised to 7 years

Press Note No. 5 (2015 series) (27/04/2015)

Press Note No. 5 (2015 series), Dated 27th April, 2015 Initial validity of Industrial License for Defence Sector is being revised to seven years, further extendable upto three years for existing as well as future Licenses. This is being done as a measure to further promote ease of doing business, in view of the long gestation period of D...

Read More

Govt. allows 49% foreign investment (FDI) in Pension Sector

Press Note No. 4 (2015 Series) (24/04/2015)

Press Note No. 4 (2015 Series) Subject: Policy on foreign investment in the Pension Sector- addition of paragraph 6.2.17.9 of 'Consolidated FDI Policy Circular of 2014-'...

Read More

DIPP issues Clarification on Press Note 10 of 2014

Press Note 10 of 2014 (14/03/2015)

Whether FDI can be brought if the minimum capitalization was not completed within the period of six months of the commencement of the project? No new FDI can be brought in the project if the minimum capitalization of US $ 5 million has not been achieved within six months of commencement of the project. If such minimum capitaliza...

Read More

Review of Foreign Direct Investment (FDI) policy on Insurance Sector

Press Note No. 3 (2015 Series) (14/03/2015)

Review of Foreign Direct Investment (FDI) policy on Insurance Sector‑ amendment to 'Consolidated FDI Policy Circular of 2014'. 1.0 Present Position: 1.1 Paragraph 6.2.17.7 of 'Consolidated FDI Policy Circular 2014', effective from April 17, 2014, relating to insurance sector, presently reads as below:...

Read More

Govt notifies Indian Insurance Companies (Foreign Investment) Rules, 2015

Notification No. G.S.R. 115 (E) (19/02/2015)

As per these rules, Foreign Direct Investment (FDI) proposals up to 26 per cent of the total paid-up equity of the Indian Insurance Company shall be allowed on the automatic route, and FDI proposals which take the total Foreign Investment above 26 per cent and up to the cap of 49 per cent shall require FIPB approval....

Read More

100% FDI under automatic route permitted in construction development sector

Press Note No. 10 (2014 Series) (03/12/2014)

The State Government/Municipal/Local Body concerned, which approves the building/development plans, would monitor compliance of the above conditions by the developer....

Read More

Policy for Private Investment in Rail Infrastructure through Domestic and Foreign Direct Investment

Press Note No. 8 (2014 Series) (27/08/2014)

The Government of India, vide Notification No. S.O. 2113(E), dated 22 August 2014, has reviewed its policy for private investment in rail infrastructure and amended the list of industries reserved for public sector under item No. 8 of Schedule I of the Notification No.S.O.477(E) dated 25 July 1991. Accordingly it has been decided to perm...

Read More

Review of policy on FDI in Defence sector, amendment to Consolidated FDI Policy Circular 2014

Press Note No. 7 (2014 Series) (26/08/2014)

In the I& B and Defence sectors where the sectoral cap is less than 49%, the company would need to be 'owned and controlled' by resident Indian citizens and Indian companies, which are owned and controlled by resident Indian citizens....

Read More

Consolidated FDI Policy – FDI Guidelines – Dated 17-4-2014 – FEMA

D/o IPP F. No. 5(1)/2014 (17/04/2014)

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Circular 1 of 2014 Subject: Consolidated FDI Policy. The “Consolidated FDI Policy” is attached. 2. This circular will take effect from April 17, 2014. Download Consolidated FDI Policy (Anjali Prasad) Additional Secretar...

Read More

Review of policy on FDI-Caps and routes in various sectors

Press Note No. 6 (2013 Series) (29/08/2014)

Investment by a registered FII under the Portfolio Investment Scheme would be permitted up to 24% only in the CICs listed at the Stock Exchanges, within the overall limit of 49% for foreign investment....

Read More

Review of policy on foreign direct investment in Multi Brand Retail Trading Sector

Press Note No. 1 (2013 Series) (04/06/2013)

Review of the policy on foreign direct investment in the Multi Brand Retail Trading Sector- amendment of paragraph 6.2.16.5(2) of 'Circular 1 of 2013-Consolidated FDI Policy'...

Read More

Foreign Direct investment Policy – definition of ‘group company’

Press Note No. 2(2013 Series) (04/06/2013)

The Government has decided to incorporate the following definition of ‘group company’ in the FDI Policy contained in ‘Circular 1 of 2013 – Consolidated FDI Policy’, effective from 05-04-2013....

Read More

Format for seeking clarifications on FDI policy issues

NA (10/05/2013)

This Department has been receiving a large number of requests from various stakeholders seeking clarifications on the provisions of FDI policy. It is noted that many of the requests for clarification do not provide specific/ adequate details of the proposal. As a result, this Department is unable to take decision/ provide clarifications o...

Read More

Circular 1 of 2013 – Consolidated FDI Policy (Effective from 5-4-2013)

Circular 1 of 2013 (05/04/2013)

The present consolidation subsumes and supersedes all Press Notes 'Press Releases' Clarifications' Circulars issued by DIPP, which were in force as on April 4, 2013 and reflects the FDI Policy as on April 5 2013. This Circular accordingly will take effect from April 5, 2013. Reference to any statute or legislation made in this Circular sh...

Read More

Director General of Civil Aviation Issues Guidelines for FDI in Civil Aviation Sector

File No. AV. 14027/1/2003-AT (I) (01/03/2013)

The Civil Aviation sector, inter-alia, includes Airports, Scheduled and Non-Scheduled domestic passenger airlines sector, cargo airlines, Helicopter services/ Seaplane services, Ground Handling Services, Maintenance and Repair organizations, Flying training institutes, and Technical training institutions. The present policy of FDI in the ...

Read More

Circular 1 of 2012- Consolidated FDI Policy Document

NA (11/04/2012)

Policy for FDI in Commodity Exchanges- At present, foreign investment, within a composite (FDI & FII) cap of 49%, under the Government approval route-i.e. through the Foreign Investment Promotion Board (FIPB)-is permitted in commodity exchanges. Within this overall limit of 49%, investment by Registered FIIs, under the Portfolio Investmen...

Read More

FDI Policy as amended up to 22-9-2012 – Circular 1 of 2012

Circular 1 of 2012 (10/04/2013)

If the Indian company has extended a guarantee to a loan taken by non-resident entity (may be its subsidiary abroad), such guarantees are part of contingent foreign liabilities. In this case, under column1 of block 7, "Loan Guarantee" needs to be mentioned....

Read More

Consolidated FDI Policy Circular-Issue of fifth edition of the Circular -Inviting comments from stakeholders

Department of Industrial Policy & Promotion had issued a Consolidated FDI Policy Circular (Circular 1 of 2010) on 31.03.2010,making all information on Foreign Direct Investment (FDI) Policy available at one place and subsuming all earlier Press Notes/ /Press Releases/ Clarifications regarding Government policy on FDI, issued by the Depart...

Read More
Posted Under: Fema / RBI |

Corrigendum to Circular 2 of 2011 – Consolidated FDI Policy

Corrigendum to Circular 2 Of 2011 (31/10/2011)

Circular 2 of 2011 was issued on 30th September, 2011. Para NO.3.3.2.1 of the above Circular hereby stands deleted. Erstwhile paragraph 3.3.2.1 of ‘Circular 2 of 2011’ went like this:...

Read More

FDI Circular 2 of 2011 – Consolidated FDI Policy

Circular No. 2 of 211 (30/09/2011)

DI into construction development activities in the education sector and in respect of old-age homes has been exempted from the conditionalities imposed on FDI in the construction development sector in general i.e. minimum area and built-up area requirement; minimum capitalization requirement; and lock-in period. These conditionalities per...

Read More

Department of Industrial Policy & Promotion (DIPP) issues Discussion Paper on Utility Models

NA (13/05/2011)

The Intellectual Property regime in India underwent significant changes after India’s accession to WTO in 1995. After an intense national debate a number of safeguards were included in amendments to the Patents Act made in 1995, 2002 and 2005. These safeguards were designed to prevent evergreening of patents and included a higher thre...

Read More

Consolidated FDI Policy – Certain Significant Highlights (Circular No. 1 of 2011)

The Department of Industrial Policy and Promotion (DIPP) in the Ministry of Commerce & Industry, Government of India has vide Circular no. 1 of 2011 dated 31 March 2011 issued a consolidated Foreign Direct Investment (‘FDI’) Policy. This policy becomes effective from 1 April 2011 and shall subsume all the press notes, press releases, ...

Read More
Posted Under: Fema / RBI |

Consolidated FDI Policy (Effective from 1-4-2011)

Condolidated FDI Circular No. 1 of 2011 (31/03/2011)

Circular 1 of 2011 on FDI- (i) Pricing of Convertible instruments. (ii) Inclusion of fresh items for issue of shares against non-cash considerations (iii) Removal of the condition of prior approval in case of existing joint ventures/ technical collaborations in the ‘same field” (iv) Guidelines relating to down-stream investments (...

Read More

Review of the policy on foreign direct investment in the manufacture of Cigarettes etc

Press Note No. 2 (2010 Series) (10/05/2010)

The present policy of Government of India permits 100% Foreign Direct Investment (FDI) under Government route Le. with prior approval of Foreign Investment Promotion Board (FIPB) in the manufacture of Cigars & Cigarettes, subject to obtaining industrial license under the Industries (Development & Regulation) Act, 1951....

Read More

Guidelines for Foreign investment in Commodity Exchanges

Press Note No. 7 (2009) (26/09/2009)

Government of India had laid the guidelines for foreign investment in Commodity Exchanges vide Press Note 2(2008) dated 12th March 2008. As per the guidelines, a composite ceiling for foreign investment of 49% was allowed with prior Government approval, subject to the condition that investment under the Portfolio Investment Scheme will be...

Read More

Foreign investment in Print Media dealing with news and current affairs

Press Note No. 1 (2009) (14/02/2009)

Publication of facsimile edition of foreign newspaper would also be subject to the Guidelines for publication of newspapers and periodicals dealing with news and current affairs and publication of facsimile edition of foreign newspapers issued by Ministry of Information & Broadcasting on 31.3.2006, as amended from time to time....

Read More

Guidelines for transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities

Press Note No 3 (2009 Series) (13/02/2009)

It is clarified that these guidelines will not apply for sectors/activities where there are no foreign investment caps, that is, 100% foreign investment is permitted under the automatic route....

Read More

Guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies.

Press Note No 2 (2009 Series) (13/02/2009)

Provided that, in case of a combination of all or any of the entities mentioned in Sub-Clauses (i) and (ii) of clause 5.5.4.1 above, each of the parties shall have entered into a legally binding agreement to act as a single unit in managing the matters of the applicant company....

Read More

Guidelines for transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities.

Press Note No. 3 (2009 Series) (13/02/2009)

These guidelines will issue in modification of paragraph 2(e) of Press Note 4 of 2006 and will be effective from the date of issue of this Press Note. FDI policy announced vide Annex to Press Note 7(2008) dated 16th June 2008 stands amplified to the above extent....

Read More

Browse All Categories

CA, CS, CMA (5,040)
Company Law (6,697)
Custom Duty (8,071)
DGFT (4,384)
Excise Duty (4,406)
Fema / RBI (4,431)
Finance (4,692)
Income Tax (35,029)
SEBI (3,751)
Service Tax (3,626)

Search Posts by Date

November 2020
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30