https://www.taxtmi.com/news?id=13189 The Government relaxed FDI rules by raising the composite foreign equity cap in defence manufacturing and insurance under the FIPB route while preserving Indian management and control; manufacturers on the automatic route may sell through retail and e commerce without additional approval. Smart-city FDI thresholds for built-up area and capitalisation were reduced and projects committing a portion of costs to low-cost housing are exempted from minimum size and capitalisation, subject to a three-year lock-in. Aggregated and sector-wise FDI inflow data for April 2011-May 2014 were also provided. en-us Wed, 30 Jul 2014 15:06:32 +0530 Wed, 30 Jul 2014 15:06:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13189 The Government relaxed FDI rules by raising the composite foreign equity cap in defence manufacturing and insurance under the FIPB route while preserving Indian management and control; manufacturers on the automatic route may sell through retail and e commerce without additional approval. Smart-city FDI thresholds for built-up area and capitalisation were reduced and projects committing a portion of costs to low-cost housing are exempted from minimum size and capitalisation, subject to a three-year lock-in. Aggregated and sector-wise FDI inflow data for April 2011-May 2014 were also provided. News - Wed, 30 Jul 2014 15:06:32 +0530 https://www.taxtmi.com/news?id=13189