Review of cases under Government route which require prior approval of the Government of India for making foreign investment

Review of cases under Government route which require prior approval of the Government of India for making foreign investment https://www.taxtmi.com/news?id=1122 The notification reallocates decision-making on Government-route FDI: FIPB recommendations will be processed by the FIPB Secretariat and submitted either to the Minister of Finance or to the Cabinet Committee on Economic Affairs according to the scale of proposed equity inflow, with CCEA also able to consider referred cases. It further provides that additional foreign investment into the same entity need not obtain fresh Government approval where the activity or sector has moved to the automatic route, where sectoral caps have been relaxed and cumulative limits are respected, or where prior approval was earlier obtained under specific Press Notes and no other approval reason exists. en-us Fri, 26 Mar 2010 14:07:37 +0530 Fri, 26 Mar 2010 14:10:00 +0530 TaxTMI RSS Generator Review of cases under Government route which require prior approval of the Government of India for making foreign investment https://www.taxtmi.com/news?id=1122 The notification reallocates decision-making on Government-route FDI: FIPB recommendations will be processed by the FIPB Secretariat and submitted either to the Minister of Finance or to the Cabinet Committee on Economic Affairs according to the scale of proposed equity inflow, with CCEA also able to consider referred cases. It further provides that additional foreign investment into the same entity need not obtain fresh Government approval where the activity or sector has moved to the automatic route, where sectoral caps have been relaxed and cumulative limits are respected, or where prior approval was earlier obtained under specific Press Notes and no other approval reason exists. News - Fri, 26 Mar 2010 14:07:37 +0530 https://www.taxtmi.com/news?id=1122