The present guidelines provide for approval under the automatic route for all foreign direct investment proposals relating to the Information Technology sector, with the exception of Business-to-consumer (B2C) e-commerce

The present guidelines provide for approval under the automatic route for all foreign direct investment proposals relating to the Information Technology sector, with the exception of Business-to-consumer (B2C) e-commerce https://www.taxtmi.com/circulars?id=4157 FDI proposals in the Information Technology sector (excluding B2C e commerce) qualify for the automatic route; the prior bar in Clause 1(1) of Press Note 18 disqualifying applicants with earlier joint ventures or technology transfer/trademark agreements in the same or allied fields is waived for IT sector proposals, enabling immediate automatic approval for FDI and technology collaboration. en-us Tue, 29 Aug 2000 00:00:00 +0530 Tue, 30 Sep 2008 17:51:00 +0530 TaxTMI RSS Generator The present guidelines provide for approval under the automatic route for all foreign direct investment proposals relating to the Information Technology sector, with the exception of Business-to-consumer (B2C) e-commerce https://www.taxtmi.com/circulars?id=4157 FDI proposals in the Information Technology sector (excluding B2C e commerce) qualify for the automatic route; the prior bar in Clause 1(1) of Press Note 18 disqualifying applicants with earlier joint ventures or technology transfer/trademark agreements in the same or allied fields is waived for IT sector proposals, enabling immediate automatic approval for FDI and technology collaboration. Circulars FEMA Tue, 29 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4157