FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 (From Regulation 1 to Regulation SCHEDULE 11)
Foreign investment caps and entry routes clarified across sectors, specifying automatic and government routes and sectoral conditions. Annex B prescribes sectoral foreign investment caps and entry routes (automatic or government), together with sector specific conditions and regulatory or security requirements. It permits FDI in defined agricultural activities under 'controlled conditions', allows mining, petroleum exploration and manufacturing within statutory frameworks, and imposes detailed national security controls on broadcasting, including Indian majority boards, resident key executives, security clearances, lawful interception capability and inspection rights. Retail, construction, industrial parks and financial services have distinct thresholds, sourcing, lock in and regulator clearance obligations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign investment caps and entry routes clarified across sectors, specifying automatic and government routes and sectoral conditions.
Annex B prescribes sectoral foreign investment caps and entry routes (automatic or government), together with sector specific conditions and regulatory or security requirements. It permits FDI in defined agricultural activities under "controlled conditions", allows mining, petroleum exploration and manufacturing within statutory frameworks, and imposes detailed national security controls on broadcasting, including Indian majority boards, resident key executives, security clearances, lawful interception capability and inspection rights. Retail, construction, industrial parks and financial services have distinct thresholds, sourcing, lock in and regulator clearance obligations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
