https://www.taxtmi.com/news?id=22509 The defence sector's FDI policy permits investment under an automatic route up to forty nine percent and allows higher foreign investment via the government route where it secures access to modern technology or other recorded reasons; such investment remains subject to industrial licence requirements under the Industries (Development & Regulation) Act, 1951, and manufacturing of small arms and ammunition is governed by the Arms Act, 1959. en-us Mon, 10 Feb 2020 15:06:53 +0530 Mon, 10 Feb 2020 15:06:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22509 The defence sector's FDI policy permits investment under an automatic route up to forty nine percent and allows higher foreign investment via the government route where it secures access to modern technology or other recorded reasons; such investment remains subject to industrial licence requirements under the Industries (Development & Regulation) Act, 1951, and manufacturing of small arms and ammunition is governed by the Arms Act, 1959. News - Mon, 10 Feb 2020 15:06:53 +0530 https://www.taxtmi.com/news?id=22509