https://www.taxtmi.com/circulars?id=62508 FDI policy amendments permit automatic route foreign investment for coal and lignite mining (including sale and defined associated processing infrastructure) subject to mining statutes; confirm manufacturing under automatic route including contract manufacturing and unrestricted sale via wholesale, retail and e commerce; set Single Brand Retail Trading under automatic route with single brand, branded at manufacture requirements, a local sourcing obligation for majority foreign investment with detailed counting and averaging rules, and brick and mortar timing for online retail; and require government approval for digital media news streaming. Effective from FEMA notification. en-us Wed, 18 Sep 2019 00:00:00 +0530 Wed, 18 Sep 2019 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62508 FDI policy amendments permit automatic route foreign investment for coal and lignite mining (including sale and defined associated processing infrastructure) subject to mining statutes; confirm manufacturing under automatic route including contract manufacturing and unrestricted sale via wholesale, retail and e commerce; set Single Brand Retail Trading under automatic route with single brand, branded at manufacture requirements, a local sourcing obligation for majority foreign investment with detailed counting and averaging rules, and brick and mortar timing for online retail; and require government approval for digital media news streaming. Effective from FEMA notification. Circulars FEMA Wed, 18 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62508