https://www.taxtmi.com/news?id=2124 Government approved 18 FDI proposals following FIPB recommendations, involving mechanisms such as sweat equity, equity issuance against imported machinery, downstream investments, incorporation of Wholly Owned Subsidiaries for publishing, share transfers between non-residents, sectoral inbound equity for shipbuilding, aviation engineering and defence production, and several ex-post-facto approvals for share allotments and capitalization of pre-incorporation expenses; separate groups of proposals were deferred, four were rejected, one was advised to approach the Reserve Bank, and one was withdrawn. en-us Wed, 17 Aug 2011 17:28:56 +0530 Wed, 17 Aug 2011 17:28:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2124 Government approved 18 FDI proposals following FIPB recommendations, involving mechanisms such as sweat equity, equity issuance against imported machinery, downstream investments, incorporation of Wholly Owned Subsidiaries for publishing, share transfers between non-residents, sectoral inbound equity for shipbuilding, aviation engineering and defence production, and several ex-post-facto approvals for share allotments and capitalization of pre-incorporation expenses; separate groups of proposals were deferred, four were rejected, one was advised to approach the Reserve Bank, and one was withdrawn. News - Wed, 17 Aug 2011 17:28:56 +0530 https://www.taxtmi.com/news?id=2124