https://www.taxtmi.com/circulars?id=52881 Overseas direct investment in JVs and WOS abroad is governed by the 2004 Notification under FEMA, with two principal routes: the Automatic Route permitting investments subject to prescribed ceilings and conditions, and the Approval Route for other cases. Indian parties must file Form ODI via a designated AD Category I bank, obtain a Unique Identification Number, and comply with valuation, reporting, funding source and KYC requirements. Prohibitions apply to investments in real estate trading, banking and rupee linked financial products without prior approval, and regulated entities in the financial sector must meet additional prudential and regulatory preconditions. en-us Tue, 01 Jul 2014 00:00:00 +0530 Thu, 14 May 2015 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52881 Overseas direct investment in JVs and WOS abroad is governed by the 2004 Notification under FEMA, with two principal routes: the Automatic Route permitting investments subject to prescribed ceilings and conditions, and the Approval Route for other cases. Indian parties must file Form ODI via a designated AD Category I bank, obtain a Unique Identification Number, and comply with valuation, reporting, funding source and KYC requirements. Prohibitions apply to investments in real estate trading, banking and rupee linked financial products without prior approval, and regulated entities in the financial sector must meet additional prudential and regulatory preconditions. Circulars FEMA Tue, 01 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52881