https://www.taxtmi.com/circulars?id=52884 Restoration of the pre-August 14, 2013 limit governs Financial Commitment (FC) by an Indian party for Overseas Direct Investments (ODI) under the automatic route, preserving the ceiling linked to 400% of the Indian party's net worth; however, any substantial annual financial commitment above the monetary threshold specified in the Circular requires prior Reserve Bank approval even if the aggregate FC is within the automatic-route limit. en-us Thu, 03 Jul 2014 00:00:00 +0530 Fri, 04 Jul 2014 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52884 Restoration of the pre-August 14, 2013 limit governs Financial Commitment (FC) by an Indian party for Overseas Direct Investments (ODI) under the automatic route, preserving the ceiling linked to 400% of the Indian party's net worth; however, any substantial annual financial commitment above the monetary threshold specified in the Circular requires prior Reserve Bank approval even if the aggregate FC is within the automatic-route limit. Circulars FEMA Thu, 03 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52884