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<h1>New Guidelines for Calculating Foreign Investment in India: Key Rules for Telecom, Broadcasting, and Insurance Sectors under FEMA 1999.</h1> The circular issued by the Government of India outlines guidelines for calculating total foreign investment, both direct and indirect, in Indian companies. It distinguishes between direct foreign investment by non-residents and indirect foreign investment through Indian companies with foreign ownership. The guidelines specify different calculation methods for sectors like telecom, broadcasting, and insurance, and emphasize the importance of Indian ownership and control. The document mandates disclosure of foreign investment details to the government and states that previous investments compliant with earlier guidelines remain unaffected. Non-compliance with these guidelines will be considered a violation under FEMA 1999.