https://www.taxtmi.com/circulars?id=53344 Foreign investment in the pension sector is allowed up to a combined ceiling of forty-nine percent with an automatic route for lower-tier stakes and a government route for higher-tier stakes. Entities bringing foreign equity must obtain registration from the Pension Fund Regulatory and Development Authority and comply with the PFRDA Act and related rules. Investments that effect control or ownership transfer to non-resident entities require prior government approval in consultation with financial sector authorities, and the investee Indian pension fund company is responsible for ensuring compliance; ownership and control are as defined under FDI policy. en-us Fri, 24 Apr 2015 00:00:00 +0530 Sat, 25 Apr 2015 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53344 Foreign investment in the pension sector is allowed up to a combined ceiling of forty-nine percent with an automatic route for lower-tier stakes and a government route for higher-tier stakes. Entities bringing foreign equity must obtain registration from the Pension Fund Regulatory and Development Authority and comply with the PFRDA Act and related rules. Investments that effect control or ownership transfer to non-resident entities require prior government approval in consultation with financial sector authorities, and the investee Indian pension fund company is responsible for ensuring compliance; ownership and control are as defined under FDI policy. Circulars FEMA Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53344