https://www.taxtmi.com/circulars?id=8283 The Circular consolidates FDI policy effective October 1, 2010; defines instruments, routes (Automatic and Government), and methodology for calculating total foreign investment (direct and indirect), including downstream investment rules for companies owned/controlled by non-residents. It incorporates substantive updates: prohibition of FDI in manufacture of certain tobacco products; definition of "controlled conditions" in agriculture and allied activities; clarification on value-addition for titanium mineral separation; treatment of share-premium for minimum capitalization; permission for partly-paid shares/warrants via Government route; allowances for downstream investment through internal accruals; NBFC subsidiary capitalization rules; sectoral caps, entry conditions, reporting obligations (Forms FC-GPR/FC-TRS/DR) and FEMA enforcement mechanisms. en-us Thu, 30 Sep 2010 00:00:00 +0530 Wed, 11 Feb 2026 15:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8283 The Circular consolidates FDI policy effective October 1, 2010; defines instruments, routes (Automatic and Government), and methodology for calculating total foreign investment (direct and indirect), including downstream investment rules for companies owned/controlled by non-residents. It incorporates substantive updates: prohibition of FDI in manufacture of certain tobacco products; definition of "controlled conditions" in agriculture and allied activities; clarification on value-addition for titanium mineral separation; treatment of share-premium for minimum capitalization; permission for partly-paid shares/warrants via Government route; allowances for downstream investment through internal accruals; NBFC subsidiary capitalization rules; sectoral caps, entry conditions, reporting obligations (Forms FC-GPR/FC-TRS/DR) and FEMA enforcement mechanisms. Circulars FEMA Thu, 30 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8283