https://www.taxtmi.com/news?id=12960 The government raised composite foreign equity caps to 49 per cent in defence manufacturing and insurance with full Indian management and control via the FIPB route; relaxed Smart City FDI thresholds and imposed a three-year post-completion lock-in, with an exemption for projects allocating at least 30 per cent to low-cost affordable housing; and permitted manufacturing units with FDI to sell through retail and e-commerce without additional approvals, with manufacturing FDI remaining on the automatic route. en-us Thu, 10 Jul 2014 14:03:15 +0530 Thu, 10 Jul 2014 14:03:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12960 The government raised composite foreign equity caps to 49 per cent in defence manufacturing and insurance with full Indian management and control via the FIPB route; relaxed Smart City FDI thresholds and imposed a three-year post-completion lock-in, with an exemption for projects allocating at least 30 per cent to low-cost affordable housing; and permitted manufacturing units with FDI to sell through retail and e-commerce without additional approvals, with manufacturing FDI remaining on the automatic route. News - Thu, 10 Jul 2014 14:03:15 +0530 https://www.taxtmi.com/news?id=12960