https://www.taxtmi.com/news?id=14524 The amendment redefines Non-Resident Indian (NRI) to include OCI cardholders and deemed PIO cardholders, and provides that NRI investments under Schedule 4 of FEMA made on a non repatriable basis shall be deemed domestic investment, not treated as foreign investment for FDI policy purposes, thereby allowing NRIs, OCI and PIO cardholders to invest across sectors without conditions applicable to foreign investment. en-us Fri, 22 May 2015 10:14:47 +0530 Wed, 11 Feb 2026 15:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14524 The amendment redefines Non-Resident Indian (NRI) to include OCI cardholders and deemed PIO cardholders, and provides that NRI investments under Schedule 4 of FEMA made on a non repatriable basis shall be deemed domestic investment, not treated as foreign investment for FDI policy purposes, thereby allowing NRIs, OCI and PIO cardholders to invest across sectors without conditions applicable to foreign investment. News - Fri, 22 May 2015 10:14:47 +0530 https://www.taxtmi.com/news?id=14524