https://www.taxtmi.com/news?id=11454 Amendments require at least fifty percent of FDI in the initial tranche to be invested in back end infrastructure within three years, with back end defined to include processing, manufacturing, distribution, logistics, storage, warehousing and related capital expenditure but excluding land cost and rentals. At least thirty percent of procurement value of manufactured/processed goods must be sourced from qualifying Indian micro, small and medium enterprises, with small industry status fixed at first engagement and procurement measured as a five year average from the April of first receipt of FDI and thereafter annually. Retail outlets are limited to specified cities or as decided by States, within a defined radius and conforming to master plans with requisite facilities. en-us Fri, 02 Aug 2013 09:39:41 +0530 Fri, 02 Aug 2013 09:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11454 Amendments require at least fifty percent of FDI in the initial tranche to be invested in back end infrastructure within three years, with back end defined to include processing, manufacturing, distribution, logistics, storage, warehousing and related capital expenditure but excluding land cost and rentals. At least thirty percent of procurement value of manufactured/processed goods must be sourced from qualifying Indian micro, small and medium enterprises, with small industry status fixed at first engagement and procurement measured as a five year average from the April of first receipt of FDI and thereafter annually. Retail outlets are limited to specified cities or as decided by States, within a defined radius and conforming to master plans with requisite facilities. News - Fri, 02 Aug 2013 09:39:41 +0530 https://www.taxtmi.com/news?id=11454