https://www.taxtmi.com/circulars?id=52870 Foreign investment in India is governed by FEMA and the Government's FDI policy, permitting investment via the Automatic or Government Route, subject to sectoral caps, eligibility rules, and a list of prohibited activities. Permissible instruments include equity and fully convertible securities, subject to SEBI pricing for listed issuers or fair-value certification for unlisted issuers. Payment modes include inward remittance, permitted foreign currency accounts, conversion of external liabilities and escrow arrangements. Detailed rules cover modes of investment, transfers, downstream investment attribution, reporting timelines and auditor certification, with AD Category I banks and RBI/FIPB sharing operational and approval responsibilities. en-us Tue, 01 Jul 2014 00:00:00 +0530 Fri, 10 Apr 2015 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52870 Foreign investment in India is governed by FEMA and the Government's FDI policy, permitting investment via the Automatic or Government Route, subject to sectoral caps, eligibility rules, and a list of prohibited activities. Permissible instruments include equity and fully convertible securities, subject to SEBI pricing for listed issuers or fair-value certification for unlisted issuers. Payment modes include inward remittance, permitted foreign currency accounts, conversion of external liabilities and escrow arrangements. Detailed rules cover modes of investment, transfers, downstream investment attribution, reporting timelines and auditor certification, with AD Category I banks and RBI/FIPB sharing operational and approval responsibilities. Circulars FEMA Tue, 01 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52870