#FEMA
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FDI in sensitive sector under automatic approval route may be under post-investment surveillance
Ministry of Finance approved 12 FDI Proposals worth 1046 crore

FDI inflows during December 2009 stood at US $ 1.542 billion

FIPB allowed to clear FDI proposals of up to Rs 1,200 crore
Review of cases requiring prior approval of FIPB
ECB Policy eased for facilitating Spectrum allocation payment

Government may tighten norms governing FDI instruments
RBI notified relaxation in remittance of salary by foreign nationals working in India
Finmin asks DIPP to review foreign investment policy to shut loopholes in FDI policy
Establishment of Branch (BO) / Liaison Offices (LO) in India by Foreign Entities — Delegation of Powers
Minister of Commerce and Industry releases first draft consolidation of FDI Policy/ FDI Framework

Government approval not be required for paying royalty to foreign firms
Press Note on Liberalization of Foreign Technology agreement policy

FEMA – Summons issued by Enforcement Directorate in exercise of power vested in them cannot be quashed: Madras HC
Explore the latest FEMA updates on TaxGuru, including RBI directions, circulars, FEMA provisions, banking and NBFC regulation, foreign-exchange compliance and related legal developments. The coverage helps businesses, financial institutions and professionals track regulatory changes and understand their practical compliance, reporting and transaction implications.
