https://www.taxtmi.com/circulars?id=11625 Government prior approval is required only for the FDI component in commodity exchanges; registered FIIs may invest in commodity exchanges without Government approval, with other existing composite ceiling conditions remaining unchanged. For NBFC leasing and finance activity, FDI up to 100 per cent under the automatic route remains subject to minimum capitalisation, and FDI is permitted only for financial leasing, not operating leasing. en-us Tue, 08 May 2012 00:00:00 +0530 Tue, 08 May 2012 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11625 Government prior approval is required only for the FDI component in commodity exchanges; registered FIIs may invest in commodity exchanges without Government approval, with other existing composite ceiling conditions remaining unchanged. For NBFC leasing and finance activity, FDI up to 100 per cent under the automatic route remains subject to minimum capitalisation, and FDI is permitted only for financial leasing, not operating leasing. Circulars FEMA Tue, 08 May 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11625