Review of cases under Government Route i.e which require prior approval of the Government of India for making foreign investment

Review of cases under Government Route i.e which require prior approval of the Government of India for making foreign investment https://www.taxtmi.com/circulars?id=8020 The Government revised approval levels for Government-route FDI: FIPB recommendations up to a mid-level threshold will be considered by the Minister of Finance (in-charge of FIPB) and recommendations above that threshold will be placed before the Cabinet Committee on Economic Affairs, with the FIPB Secretariat in DEA processing recommendations. Additionally, fresh prior approval is not required for further foreign investment into the same entity where the sector or caps have been moved to the automatic route or increased and the total investment remains within caps, or where earlier approvals were obtained under prior press notes and no other approval requirement exists. en-us Thu, 25 Mar 2010 00:00:00 +0530 Sat, 27 Mar 2010 12:25:00 +0530 TaxTMI RSS Generator Review of cases under Government Route i.e which require prior approval of the Government of India for making foreign investment https://www.taxtmi.com/circulars?id=8020 The Government revised approval levels for Government-route FDI: FIPB recommendations up to a mid-level threshold will be considered by the Minister of Finance (in-charge of FIPB) and recommendations above that threshold will be placed before the Cabinet Committee on Economic Affairs, with the FIPB Secretariat in DEA processing recommendations. Additionally, fresh prior approval is not required for further foreign investment into the same entity where the sector or caps have been moved to the automatic route or increased and the total investment remains within caps, or where earlier approvals were obtained under prior press notes and no other approval requirement exists. Circulars FEMA Thu, 25 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8020