TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Amends Foreign Investment Rules: New Approval Needs, Air India Cap, and Real Estate Broking Changes.</h1> The Reserve Bank of India issued amendments to the Foreign Exchange Management Regulations concerning foreign investments by persons outside India. Key changes include requiring government approval for foreign investment in non-NBFC investing companies, while NBFC investing companies can have 100% automatic foreign investment. Specific conditions are set for foreign investment in Air India, limiting it to 49% and ensuring control remains with Indian nationals. Real estate broking services are excluded from 'real estate business,' allowing 100% foreign investment. Modifications also address single-brand retail trading, sourcing norms, and the issuance of capital instruments by Indian companies to foreign investors.
TaxTMI 
TaxTMI 
