https://www.taxtmi.com/news?id=13133 Budget announcements relax and recalibrate FDI entry conditions: composite caps in defence and insurance will be increased via the FIPB route with Indian management and control; Smart Cities FDI thresholds for built-up area and capitalisation are reduced with a post-completion lock-in and exemptions where projects allocate a significant portion to low-cost affordable housing; manufacturing on the automatic route may sell through retail and e-commerce without extra approvals. The report also notes proposal volumes, pending cases and that sectoral/state breakdowns are not centrally maintained. en-us Sat, 19 Jul 2014 13:51:13 +0530 Sat, 19 Jul 2014 13:51:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13133 Budget announcements relax and recalibrate FDI entry conditions: composite caps in defence and insurance will be increased via the FIPB route with Indian management and control; Smart Cities FDI thresholds for built-up area and capitalisation are reduced with a post-completion lock-in and exemptions where projects allocate a significant portion to low-cost affordable housing; manufacturing on the automatic route may sell through retail and e-commerce without extra approvals. The report also notes proposal volumes, pending cases and that sectoral/state breakdowns are not centrally maintained. News - Sat, 19 Jul 2014 13:51:13 +0530 https://www.taxtmi.com/news?id=13133