FDI circulars - Page 6

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:...

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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....

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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....

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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...

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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....

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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...

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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....

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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'...

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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....

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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...

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