https://www.taxtmi.com/circulars?id=56596 Foreign investment in India is regulated under FEMA and the Non-Debt Instruments framework, with the Reserve Bank administering the rules through directions to authorised dealers and related reporting and payment requirements. The direction consolidates the legal meaning of foreign investment, foreign direct investment, foreign portfolio investment, investment vehicles, LLP investment, downstream investment, non-repatriation holdings, pricing, valuation, and transfer mechanics, while making the underlying NDI Rules and other FEMA notifications prevail in case of inconsistency. It also sets out prohibited sectors, Government-route restrictions for specified ownership patterns, and the permitted routes, instruments and transfer mechanisms for non-resident investors. en-us Thu, 04 Jan 2018 00:00:00 +0530 Tue, 16 Jun 2026 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56596 Foreign investment in India is regulated under FEMA and the Non-Debt Instruments framework, with the Reserve Bank administering the rules through directions to authorised dealers and related reporting and payment requirements. The direction consolidates the legal meaning of foreign investment, foreign direct investment, foreign portfolio investment, investment vehicles, LLP investment, downstream investment, non-repatriation holdings, pricing, valuation, and transfer mechanics, while making the underlying NDI Rules and other FEMA notifications prevail in case of inconsistency. It also sets out prohibited sectors, Government-route restrictions for specified ownership patterns, and the permitted routes, instruments and transfer mechanisms for non-resident investors. Circulars FEMA Thu, 04 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56596