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...
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.
The guidelines on transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities would ensure that, in sectors with caps, Government approval/FIPB approval would be required in all cases where an Indian company is being established with foreign investment and is owned or controlled by a non-resident entity; or the ownership or control of an existing Indian company,
Since August last year, the world has been watching. It all began with a show cause notice issued to Vodafone BV (based in the Netherlands), holding it to be an “assessee in default” for not withholding tax at source when it made payments to a Hutchison Group company (based in Cayman Islands) for acquiring shares of another Cayman Island company.
