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        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.

        <h1>India Approves FDI in Multi-Brand Retail with Conditions: City Limits, Infrastructure Investment, Local Procurement.</h1> The Indian Cabinet approved a proposal to allow Foreign Direct Investment (FDI) in multi-brand retail trading under specific conditions. This decision, initially made in 2011, required further consensus and consultations with state governments and industry stakeholders. States like Delhi, Assam, and Maharashtra supported the policy, while others like Bihar and Kerala expressed reservations. Key conditions include setting up retail outlets in cities with populations over 10 lakhs, investing at least 50% of FDI in backend infrastructure within three years, and ensuring 30% procurement from Indian small industries. The policy aims to enhance supply chain efficiencies, create employment, and improve product quality for consumers and farmers.

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        ActsIncome Tax
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