Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Expands Automatic FDI List for NRIs and OCBs; Excludes Certain Proposals, Specific Sectors Remain Restricted.</h1> The Government of India has expanded the list of industries eligible for automatic Foreign Direct Investment (FDI) from Non-Resident Indians (NRIs) and Overseas Corporate Bodies (OCBs), excluding certain proposals requiring an industrial license or involving previous foreign collaborations in India. Investments in public sector units and specific export-oriented units qualify for the automatic route, with the Reserve Bank of India overseeing compliance. Sector-specific guidelines outline FDI limits and conditions across various industries, such as banking, telecommunications, civil aviation, and petroleum. Certain sectors, including defense, agriculture, and media, remain closed to foreign investment. Changes to sectoral policies will be notified by the Secretariat for Industrial Assistance.
TaxTMI 
TaxTMI 
