https://www.taxtmi.com/circulars?id=54901 Full foreign equity participation in Other Financial Services is permitted under the automatic route when activities are regulated by a financial sector regulator, subject to regulator- or government-specified conditionalities including minimum capitalisation norms; statutory limits govern activities specifically regulated by an Act. Unregulated or partly regulated financial services require government approval for foreign investment, and downstream investments must comply with sectoral regulations and the Principal Regulations. en-us Thu, 20 Oct 2016 00:00:00 +0530 Fri, 21 Oct 2016 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54901 Full foreign equity participation in Other Financial Services is permitted under the automatic route when activities are regulated by a financial sector regulator, subject to regulator- or government-specified conditionalities including minimum capitalisation norms; statutory limits govern activities specifically regulated by an Act. Unregulated or partly regulated financial services require government approval for foreign investment, and downstream investments must comply with sectoral regulations and the Principal Regulations. Circulars FEMA Thu, 20 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54901