Foreign investment regulation consolidated: RBI master circular streamlines rules on immovable property, branch offices and firm investments. This Master Circular consolidates Reserve Bank instructions implementing the Foreign Exchange Management Act, 1999 for foreign investment, covering acquisition of immovable property, establishment of branch/liaison offices, and investment in partnership firms and proprietary concerns, and lists the underlying A.P. (DIR Series) circulars and notifications in an appendix.
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Foreign investment regulation consolidated: RBI master circular streamlines rules on immovable property, branch offices and firm investments.
This Master Circular consolidates Reserve Bank instructions implementing the Foreign Exchange Management Act, 1999 for foreign investment, covering acquisition of immovable property, establishment of branch/liaison offices, and investment in partnership firms and proprietary concerns, and lists the underlying A.P. (DIR Series) circulars and notifications in an appendix.
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