https://www.taxtmi.com/news?id=14757 Central government liberalised the Foreign Direct Investment regime through operational and substantive measures: continuous e-filing and procedural placement of proposals before the FIPB; opening rail infrastructure fully to the automatic route; raising foreign equity caps in defence, insurance and pension sectors; permitting full foreign participation in the medical devices carve-out of pharmaceuticals; and reforming construction development rules to ease exit, rationalise area limits and prioritise affordable housing. The statement also treats NRI non repatriation investments under FEMA Schedule 4 as domestic investment for FDI purposes. en-us Fri, 24 Jul 2015 18:06:25 +0530 Fri, 24 Jul 2015 18:06:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14757 Central government liberalised the Foreign Direct Investment regime through operational and substantive measures: continuous e-filing and procedural placement of proposals before the FIPB; opening rail infrastructure fully to the automatic route; raising foreign equity caps in defence, insurance and pension sectors; permitting full foreign participation in the medical devices carve-out of pharmaceuticals; and reforming construction development rules to ease exit, rationalise area limits and prioritise affordable housing. The statement also treats NRI non repatriation investments under FEMA Schedule 4 as domestic investment for FDI purposes. News - Fri, 24 Jul 2015 18:06:25 +0530 https://www.taxtmi.com/news?id=14757