https://www.taxtmi.com/news?id=13152 Inter-ministerial consultations are in progress to permit FDI in certain railway activities as part of a broader review to attract investment. The Budget statement proposes raising composite caps in defence and insurance with full Indian management and control via the FIPB route; reducing Smart City built-up area and capital thresholds with a post-completion lock-in; exempting projects allocating a defined share to affordable housing from minimum area and capitalisation requirements subject to lock-in; and retaining manufacturing FDI on the automatic route while allowing retail including e-commerce sales of manufactured products. en-us Wed, 23 Jul 2014 17:02:48 +0530 Wed, 23 Jul 2014 17:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13152 Inter-ministerial consultations are in progress to permit FDI in certain railway activities as part of a broader review to attract investment. The Budget statement proposes raising composite caps in defence and insurance with full Indian management and control via the FIPB route; reducing Smart City built-up area and capital thresholds with a post-completion lock-in; exempting projects allocating a defined share to affordable housing from minimum area and capitalisation requirements subject to lock-in; and retaining manufacturing FDI on the automatic route while allowing retail including e-commerce sales of manufactured products. News - Wed, 23 Jul 2014 17:02:48 +0530 https://www.taxtmi.com/news?id=13152