https://www.taxtmi.com/news?id=2751 Government approved a package of foreign investment proposals based on FIPB recommendations, covering joint ventures, wholly owned subsidiaries, investing companies, fund investments, and share transfers in sectors such as retail, online marketplaces, pharmaceuticals, power and publishing. Several approvals regularise prior non compliant transactions as ex post facto approvals, including share allotments and conversion of repatriation status. The record also notes deferred proposals for defence, duty free retail, publishing, courier, logistics and non compliance with minimum capitalisation, rejected proposals for impermissible capitalisation or premature share transfers, and one applicant withdrawal. en-us Fri, 10 Feb 2012 18:21:53 +0530 Fri, 10 Feb 2012 18:21:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2751 Government approved a package of foreign investment proposals based on FIPB recommendations, covering joint ventures, wholly owned subsidiaries, investing companies, fund investments, and share transfers in sectors such as retail, online marketplaces, pharmaceuticals, power and publishing. Several approvals regularise prior non compliant transactions as ex post facto approvals, including share allotments and conversion of repatriation status. The record also notes deferred proposals for defence, duty free retail, publishing, courier, logistics and non compliance with minimum capitalisation, rejected proposals for impermissible capitalisation or premature share transfers, and one applicant withdrawal. News - Fri, 10 Feb 2012 18:21:53 +0530 https://www.taxtmi.com/news?id=2751