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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Procedure for FDI Policy Clarifications: Inquiries Must Include Comprehensive Details to Be Processed by the Department of Industrial Policy & Promotion.</h1> The Department of Industrial Policy & Promotion, under the Ministry of Commerce & Industry, has issued a notice regarding the procedure for seeking clarifications on Foreign Direct Investment (FDI) policy issues. Due to incomplete details in previous requests, the department will now only process inquiries that provide comprehensive information using a specified format. The required details include information about the foreign investor and Indian investee entity, proposed investment amount, foreign shareholding percentages, business activity, relevant policy paragraphs, and any prior approvals. The notice aims to streamline the clarification process and ensure efficient handling of FDI-related inquiries.
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