https://www.taxtmi.com/circulars?id=11410 FDI policy for the pharmaceuticals sector is amended so that FDI up to 100 per cent is allowed under the automatic route for greenfield investments, while brownfield investments are permitted under the Government approval route; AD Category I banks are to notify customers, and amendments to FEMA regulations will be separately notified, the directions being issued under the Foreign Exchange Management Act, 1999. en-us Fri, 09 Dec 2011 00:00:00 +0530 Fri, 09 Dec 2011 19:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11410 FDI policy for the pharmaceuticals sector is amended so that FDI up to 100 per cent is allowed under the automatic route for greenfield investments, while brownfield investments are permitted under the Government approval route; AD Category I banks are to notify customers, and amendments to FEMA regulations will be separately notified, the directions being issued under the Foreign Exchange Management Act, 1999. Circulars FEMA Fri, 09 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11410