Fema / RBI : In the wake of 1991 wave of economic reforms FIPB was formed under the Prime Ministers Office. In 1996, it was put under the contr...
Corporate Law : With FIPB getting abolished, it is expected that foreign investment proposals will be considered by the concerned ministry in cons...
Corporate Law : The Foreign Investment Promotion Board (FIPB) is a government body that offers a single window clearance for proposals on Foreign ...
Corporate Law : PM chaired a high level meeting to discuss the FDI policy in drugs and pharmaceutical sector. The meeting was attended by Finance ...
Income Tax : Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 6, 2011, Government has appr...
Corporate Law : New Delhi: Investors seeking government approval for Foreign Direct Investment (FDI) will now have to obtain electronically genera...
Corporate Law : The present policy of Government of India permits 100% Foreign Direct Investment (FDI) under Government route Le. with prior appro...
Corporate Law : The Department of Industrial Policy and Promotion (DIPP) under the ministry of commerce and industry has disagreed with the Union ...
Fema / RBI : The Guidelines for calculation of total foreign investment, both direct and indirect in an Indian company, at every stage of inves...
Fema / RBI : Publication of facsimile edition of foreign newspaper would also be subject to the Guidelines for publication of newspapers and pe...
Fema / RBI : It is clarified that these guidelines will not apply for sectors/activities where there are no foreign investment caps, that is, 1...
In the wake of 1991 wave of economic reforms FIPB was formed under the Prime Ministers Office. In 1996, it was put under the control of Department of Industrial Policy and Promotion (DIPP) and, in 2003
With FIPB getting abolished, it is expected that foreign investment proposals will be considered by the concerned ministry in consultation with the DIPP. Towards this end it is hoped that DIPP comes out with clear guidelines and operating procedures defining the parameters that should be considered for clearance of proposals. This would is required to ensure that there is alignment in the approach of different ministries
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.
PM chaired a high level meeting to discuss the FDI policy in drugs and pharmaceutical sector. The meeting was attended by Finance Minister, Sh Pranab Mukherji, Health Minister Sh Ghulam Nabi Azad, Commerce, Industry and Textile Minister Sh Anand Sharma, Pharmaceutical and Chemical Minister Sh MK Alagiri, Deputy Chairman Planning Commission Dr Montek Singh Ahulwalia, Member Planning Commission.
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on July 6, 2011, Government has approved 31 Proposals of Foreign Direct Investment amounting to Rs. 3844.70 crore approximately.
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.
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&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.
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on April 20, 2011, Government has approved 21 Proposals of Foreign Direct Investment amounting to Rs. 1027.20 crore approximately. Following 21 (Twenty one) proposals have been approved.
The government has called a Foreign Investment Promotion Board (FIPB) meeting on April 20, the first one after it announced major changes in FDI norms, to approve proposals for foreign direct investment. While the agenda of the 165th FIPB meeting was being finalised, sources said the Board may also consider those cases on which decisions were deferred in the past.
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on December 31, 2011, Government has approved 19 Proposals of Foreign Direct Investment amounting to `Rs. 4340.77 crore approximately.
