FDI circulars notification

Enhanced 74% FDI in Insurance provisions applicable from 01.04.2021

Notification No. S.O. 1426(E) 31/03/2021

Insurance (Amendment) Act, 2021 raises limit of foreign investment in Indian insurance companies from the existing 49 per cent to 74 per cent. No Government provided that these provisions will be effective from 1st day of April, 2021 . MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st March, 2021 S.O....

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Insurance (Amendment) Act, 2021- FDI limit increased to 74%

No. 06 of 2021 25/03/2021

(1) This Act may be called the Insurance (Amendment) Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint....

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Review of FDI Policy on downstream investments made by NRIs

Press Note No. 1 (2021 Series) 19/03/2021

Investments by NRI(s) on a non-repatriation basis as stipulated under Schedule IV of Foreign Exchange Management (Non-Debt Instruments) Rules 2019 are deemed to be domestic investments at par with the investments made by residents. Accordingly, an investment made by an Indian entity which is owned and controlled by NRI(s) on a non-repatri...

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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...

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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...

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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...

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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:...

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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...

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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...

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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...

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