FDI ceiling increase in telecom: compliance period extended, modifying prior press note to allow additional rectification time. The Press Note amends the earlier instrument by granting licensee companies in the telecom sector a further three month extension of the corrective compliance period to adhere to the conditions governing enhanced Foreign Direct Investment; it modifies Press Note 5 solely to the extent of this temporal adjustment and directs public notification of the amendment.
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.
FDI ceiling increase in telecom: compliance period extended, modifying prior press note to allow additional rectification time.
The Press Note amends the earlier instrument by granting licensee companies in the telecom sector a further three month extension of the corrective compliance period to adhere to the conditions governing enhanced Foreign Direct Investment; it modifies Press Note 5 solely to the extent of this temporal adjustment and directs public notification of the amendment.
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 
