https://www.taxtmi.com/article/detailed?id=1052 Foreign direct investment creates a lasting interest in resident enterprises and complements domestic capital and technology. Since 1991 India has liberalised FDI entry and approval routes, allowing foreign participation across most sectors while classifying FDI via securities as a capital account transaction regulated under the foreign exchange framework. The consolidated FDI policy (effective October 2010) lists activities prohibited for foreign investment and related technology collaboration, including retail trading (except single brand), lotteries, gambling, chit funds, nidhi companies, transferable development rights, specified real estate activities, manufacture of certain tobacco products, and sectors closed to private investment. en-us Thu, 09 Dec 2010 00:00:00 +0530 Sat, 14 Sep 2013 23:00:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1052 Foreign direct investment creates a lasting interest in resident enterprises and complements domestic capital and technology. Since 1991 India has liberalised FDI entry and approval routes, allowing foreign participation across most sectors while classifying FDI via securities as a capital account transaction regulated under the foreign exchange framework. The consolidated FDI policy (effective October 2010) lists activities prohibited for foreign investment and related technology collaboration, including retail trading (except single brand), lotteries, gambling, chit funds, nidhi companies, transferable development rights, specified real estate activities, manufacture of certain tobacco products, and sectors closed to private investment. Articles FEMA - Foreign Exchange Management Thu, 09 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=1052