https://www.taxtmi.com/circulars?id=42167 Navratna PSUs, ONGC Videsh Ltd and Oil India Ltd may invest in incorporated overseas joint ventures and wholly owned subsidiaries in the oil sector (e.g., exploration and drilling) if investments are duly approved by the Government of India; such investments are permitted without any limits under the automatic route, extending the prior facility for unincorporated entities, with other terms and conditions remaining unchanged. en-us Tue, 23 Apr 2013 00:00:00 +0530 Wed, 24 Apr 2013 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=42167 Navratna PSUs, ONGC Videsh Ltd and Oil India Ltd may invest in incorporated overseas joint ventures and wholly owned subsidiaries in the oil sector (e.g., exploration and drilling) if investments are duly approved by the Government of India; such investments are permitted without any limits under the automatic route, extending the prior facility for unincorporated entities, with other terms and conditions remaining unchanged. Circulars FEMA Tue, 23 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=42167