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    <title>Government Approves Eleven (11) Proposals of Foreign Direct Investment (FDI) Amounting to 1,567.91 Crore Approximately</title>
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    <description>Government approved eleven FDI proposals on FIPB recommendations across multiple sectors authorising foreign equity increases, share transfers, incorporations and capital subscriptions; two high-value proposals were recommended to the Cabinet Committee on Economic Affairs due to the FDI policy threshold for referral. Several proposals were deferred for further consideration and four were rejected; two table items were also recommended for approval. The press release reported aggregate FDI inflows for the recommended approvals and the portion referred to CCEA.</description>
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      <link>https://www.taxtmi.com/news?id=15060</link>
      <description>Government approved eleven FDI proposals on FIPB recommendations across multiple sectors authorising foreign equity increases, share transfers, incorporations and capital subscriptions; two high-value proposals were recommended to the Cabinet Committee on Economic Affairs due to the FDI policy threshold for referral. Several proposals were deferred for further consideration and four were rejected; two table items were also recommended for approval. The press release reported aggregate FDI inflows for the recommended approvals and the portion referred to CCEA.</description>
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