https://www.taxtmi.com/circulars?id=53701 The Master Circular consolidates FEMA/RBI rules on foreign investment in India, setting the two entry routes (Automatic Route and Government Route), eligible investors, permissible instruments, pricing and valuation standards, permitted modes of payment (including inward remittance, NRE/FCNR debits, conversion of ECBs and escrow), sectoral caps and prohibited activities, rules for calculating total foreign investment (direct and indirect/downstream), and detailed reporting and compliance obligations including Form FC GPR, Form FC TRS and annual FLA returns within prescribed timelines. en-us Wed, 01 Jul 2015 00:00:00 +0530 Wed, 11 Feb 2026 15:56:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53701 The Master Circular consolidates FEMA/RBI rules on foreign investment in India, setting the two entry routes (Automatic Route and Government Route), eligible investors, permissible instruments, pricing and valuation standards, permitted modes of payment (including inward remittance, NRE/FCNR debits, conversion of ECBs and escrow), sectoral caps and prohibited activities, rules for calculating total foreign investment (direct and indirect/downstream), and detailed reporting and compliance obligations including Form FC GPR, Form FC TRS and annual FLA returns within prescribed timelines. Circulars FEMA Wed, 01 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53701