https://www.taxtmi.com/news?id=14817 India's FDI regime permits up to 100% foreign investment under the automatic route in most sectors, with recent reforms opening rail infrastructure to full automatic FDI, raising the defence cap to 49%, allowing 100% FDI for medical devices, easing construction development norms, and liberalising insurance and pension participation to 49%. NRI investment on a non repatriation basis under Schedule 4 of FEMA is deemed domestic for FDI policy. Ministries and states are directed to simplify regulation and use IT to improve Ease of Doing Business, with reforms intended to increase FDI that complements domestic investment. en-us Wed, 05 Aug 2015 16:13:57 +0530 Wed, 05 Aug 2015 16:13:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14817 India's FDI regime permits up to 100% foreign investment under the automatic route in most sectors, with recent reforms opening rail infrastructure to full automatic FDI, raising the defence cap to 49%, allowing 100% FDI for medical devices, easing construction development norms, and liberalising insurance and pension participation to 49%. NRI investment on a non repatriation basis under Schedule 4 of FEMA is deemed domestic for FDI policy. Ministries and states are directed to simplify regulation and use IT to improve Ease of Doing Business, with reforms intended to increase FDI that complements domestic investment. News - Wed, 05 Aug 2015 16:13:57 +0530 https://www.taxtmi.com/news?id=14817