https://www.taxtmi.com/news?id=14706 Amendments to the FDI policy expanded automatic approvals and sectoral access, raised the FDI ceiling in insurance and pension to 49%, allowed 100% FDI in railway infrastructure (excluding operations) and medical devices, relaxed construction development norms for affordable housing, broadened NRI definitions to include OCI and PIO cardholders, and treated NRI investment under Schedule 4 of FEMA as domestic investment to provide investor flexibility. en-us Tue, 14 Jul 2015 18:38:22 +0530 Tue, 14 Jul 2015 18:38:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14706 Amendments to the FDI policy expanded automatic approvals and sectoral access, raised the FDI ceiling in insurance and pension to 49%, allowed 100% FDI in railway infrastructure (excluding operations) and medical devices, relaxed construction development norms for affordable housing, broadened NRI definitions to include OCI and PIO cardholders, and treated NRI investment under Schedule 4 of FEMA as domestic investment to provide investor flexibility. News - Tue, 14 Jul 2015 18:38:22 +0530 https://www.taxtmi.com/news?id=14706