https://www.taxtmi.com/news?id=19349 Amendments expand permissible foreign investment under the automatic route in key sectors including Single Brand Retail Trading (with a five year incremental sourcing concession), permit foreign airline investment in the national carrier subject to preserving Indian substantial ownership and aggregate foreign limits, classify real estate broking as eligible for automatic FDI, allow FIIs/FPIs primary market investment in power exchanges, permit equity issuance for non cash consideration in automatic sectors, align investment holding entities' treatment with financial regulation, amend the medical device definition, and require joint audits where foreign investors specify auditors from international networks. en-us Wed, 10 Jan 2018 14:06:41 +0530 Wed, 10 Jan 2018 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19349 Amendments expand permissible foreign investment under the automatic route in key sectors including Single Brand Retail Trading (with a five year incremental sourcing concession), permit foreign airline investment in the national carrier subject to preserving Indian substantial ownership and aggregate foreign limits, classify real estate broking as eligible for automatic FDI, allow FIIs/FPIs primary market investment in power exchanges, permit equity issuance for non cash consideration in automatic sectors, align investment holding entities' treatment with financial regulation, amend the medical device definition, and require joint audits where foreign investors specify auditors from international networks. News - Wed, 10 Jan 2018 14:06:41 +0530 https://www.taxtmi.com/news?id=19349