https://www.taxtmi.com/news?id=16284 Radical liberalisation expands automatic route access, raises sectoral caps and eases conditionalities to attract FDI: 100% government route FDI for trading in food products produced in India; defence FDI beyond 49% permitted via government approval without the "state of art" technology requirement and extended to small arms manufacturing; broadcasting carriage services reclassified with 100% automatic FDI for key sub services and FIPB approval requirements for other cable networks; brownfield pharmaceuticals allowed 74% automatic FDI; brownfield airports allowed 100% automatic FDI; scheduled air transport FDI limits adjusted with up to 49% automatic and government approval beyond; private security FDI set at 49% automatic and up to 74% with approval; procedural easements and relaxed sourcing and controlled condition rules also introduced. en-us Mon, 20 Jun 2016 14:16:46 +0530 Mon, 20 Jun 2016 14:16:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16284 Radical liberalisation expands automatic route access, raises sectoral caps and eases conditionalities to attract FDI: 100% government route FDI for trading in food products produced in India; defence FDI beyond 49% permitted via government approval without the "state of art" technology requirement and extended to small arms manufacturing; broadcasting carriage services reclassified with 100% automatic FDI for key sub services and FIPB approval requirements for other cable networks; brownfield pharmaceuticals allowed 74% automatic FDI; brownfield airports allowed 100% automatic FDI; scheduled air transport FDI limits adjusted with up to 49% automatic and government approval beyond; private security FDI set at 49% automatic and up to 74% with approval; procedural easements and relaxed sourcing and controlled condition rules also introduced. News - Mon, 20 Jun 2016 14:16:46 +0530 https://www.taxtmi.com/news?id=16284