https://www.taxtmi.com/news?id=13646 Foreign Direct Investment is permitted on the automatic route in most sectors subject to sectoral ceilings, applicable laws, and security and other conditionalities. The Consolidated FDI Policy Circular 2014 and its Press Note updates set variable equity limits by sector, while explicitly prohibiting foreign investment in activities such as lotteries, gambling, chit funds, Nidhi companies, trading in TDRs, certain real estate and specified tobacco manufacturing, and select non private sectors. en-us Fri, 05 Dec 2014 15:48:12 +0530 Fri, 05 Dec 2014 15:48:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13646 Foreign Direct Investment is permitted on the automatic route in most sectors subject to sectoral ceilings, applicable laws, and security and other conditionalities. The Consolidated FDI Policy Circular 2014 and its Press Note updates set variable equity limits by sector, while explicitly prohibiting foreign investment in activities such as lotteries, gambling, chit funds, Nidhi companies, trading in TDRs, certain real estate and specified tobacco manufacturing, and select non private sectors. News - Fri, 05 Dec 2014 15:48:12 +0530 https://www.taxtmi.com/news?id=13646