https://www.taxtmi.com/circulars?id=11837 The circular revises sectoral FDI entry and ownership ceilings: 100% FDI by a single non resident in Single Brand Product Retail Trading under the Government route; 51% in Multi Brand Retail Trading under the Government route; 49% foreign airline ownership in Indian aviation companies under the automatic/Government route; reviewed FDI parameters for Broadcasting Carriage Services under automatic/Government route; and 49% in Power Exchanges registered under CERC regulations under the Government route. AD Category I banks are to notify customers; Press Notes are enclosed and FEMA amendments will be notified separately. en-us Fri, 21 Sep 2012 00:00:00 +0530 Sat, 22 Sep 2012 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11837 The circular revises sectoral FDI entry and ownership ceilings: 100% FDI by a single non resident in Single Brand Product Retail Trading under the Government route; 51% in Multi Brand Retail Trading under the Government route; 49% foreign airline ownership in Indian aviation companies under the automatic/Government route; reviewed FDI parameters for Broadcasting Carriage Services under automatic/Government route; and 49% in Power Exchanges registered under CERC regulations under the Government route. AD Category I banks are to notify customers; Press Notes are enclosed and FEMA amendments will be notified separately. Circulars FEMA Fri, 21 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11837