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<h1>RBI's Master Circular on Foreign Investment in India: Guidelines on FDI, entry routes, eligibility, and reporting under FEMA.</h1> The Master Circular on Foreign Investment in India, issued by the Reserve Bank of India, consolidates the regulatory framework and instructions regarding foreign investment under the Foreign Exchange Management Act (FEMA), 1999. It outlines the guidelines for Foreign Direct Investment (FDI), including entry routes, eligibility, types of instruments, pricing, and reporting requirements. The circular also addresses foreign investments under the Portfolio Investment Scheme, venture capital investments, and other foreign investments, detailing the processes for investment in partnership firms or proprietary concerns. This circular is valid for one year and will be updated annually.