Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Foreign investment limits in asset reconstruction companies raised to a combined cap, subject to sponsor concentration and FII share restrictions.</h1> The Government raised the ceiling for FDI in Asset Reconstruction Companies from 49% to 74%, subject to FDI entry route conditions and sectoral caps, and imposed a sponsor cap preventing any sponsor holding more than 50% of an ARC either directly or via an FII. The 74% limit is a combined FDI and FII cap; FIIs may invest in ARCs (individual FII shareholding capped at 10% of paid-up capital) and FII investment in Security Receipts may also be increased subject to corporate bond limits and sectoral caps. RBI and SEBI will notify implementing rules.