https://www.taxtmi.com/news?id=17454 The policy broadens automatic route access and raises or reclassifies sectoral caps to permit wider foreign investment across manufacturing, services and specified sectors, making various kinds of foreign investment fungible under composite caps, easing exit and repatriation rules, and allowing manufacturers to sell through wholesale, retail and e commerce. It also prescribes local sourcing norms for single brand retail with limited relaxations, permits 100% FDI in certain food product trading under government route, and institutes procedural reforms to expedite approvals and clarify ownership and control for LLPs. en-us Wed, 08 Feb 2017 17:12:42 +0530 Wed, 08 Feb 2017 17:12:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17454 The policy broadens automatic route access and raises or reclassifies sectoral caps to permit wider foreign investment across manufacturing, services and specified sectors, making various kinds of foreign investment fungible under composite caps, easing exit and repatriation rules, and allowing manufacturers to sell through wholesale, retail and e commerce. It also prescribes local sourcing norms for single brand retail with limited relaxations, permits 100% FDI in certain food product trading under government route, and institutes procedural reforms to expedite approvals and clarify ownership and control for LLPs. News - Wed, 08 Feb 2017 17:12:42 +0530 https://www.taxtmi.com/news?id=17454