https://www.taxtmi.com/news?id=11453 The government revised sectoral FDI ceilings and entry routes, shifting several industries toward the automatic route while adjusting foreign equity limits. Notable changes include retention of 49% caps for exchanges and market infrastructure, raising asset reconstruction companies to 100% with automatic entry up to 49% and government approval beyond, increasing credit information companies to 74% automatic, permitting up to 100% FDI in telecoms with automatic entry up to 49%, amending single-brand retail clauses to allow multiple non-resident brand entities and prescribing filing requirements, deleting test marketing provisions, and maintaining defence caps with procedural safeguards. en-us Fri, 02 Aug 2013 09:33:17 +0530 Fri, 02 Aug 2013 09:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11453 The government revised sectoral FDI ceilings and entry routes, shifting several industries toward the automatic route while adjusting foreign equity limits. Notable changes include retention of 49% caps for exchanges and market infrastructure, raising asset reconstruction companies to 100% with automatic entry up to 49% and government approval beyond, increasing credit information companies to 74% automatic, permitting up to 100% FDI in telecoms with automatic entry up to 49%, amending single-brand retail clauses to allow multiple non-resident brand entities and prescribing filing requirements, deleting test marketing provisions, and maintaining defence caps with procedural safeguards. News - Fri, 02 Aug 2013 09:33:17 +0530 https://www.taxtmi.com/news?id=11453