https://www.taxtmi.com/circulars?id=54368 Foreign equity participation in the pension sector is permitted up to a capped threshold under the automatic route, subject to compliance with the pension-sector regulatory framework and mandatory registration by entities bringing in foreign investment. Transfers or transactions resulting in change of control or ownership to foreign investors require prior government approval in consultation with financial sector departments and the pension regulator, and the investee Indian pension fund is responsible for compliance; ownership and control are as defined in the FDI policy. The decision is effective immediately. en-us Wed, 23 Mar 2016 00:00:00 +0530 Fri, 25 Mar 2016 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54368 Foreign equity participation in the pension sector is permitted up to a capped threshold under the automatic route, subject to compliance with the pension-sector regulatory framework and mandatory registration by entities bringing in foreign investment. Transfers or transactions resulting in change of control or ownership to foreign investors require prior government approval in consultation with financial sector departments and the pension regulator, and the investee Indian pension fund is responsible for compliance; ownership and control are as defined in the FDI policy. The decision is effective immediately. Circulars FEMA Wed, 23 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54368