https://www.taxtmi.com/circulars?id=63763 The FDI policy amendment requires that investments by entities of countries sharing a land border with India, or where the beneficial owner is situated in or is a citizen of such a country, be routed only through the Government route; the Pakistan-specific Government route restriction remains except for certain prohibited sectors. Additionally, any transfer of existing or future FDI that causes beneficial ownership to fall within this restriction will likewise require Government approval. The change is effective from the date of the relevant foreign exchange notification. en-us Fri, 17 Apr 2020 00:00:00 +0530 Sat, 18 Apr 2020 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63763 The FDI policy amendment requires that investments by entities of countries sharing a land border with India, or where the beneficial owner is situated in or is a citizen of such a country, be routed only through the Government route; the Pakistan-specific Government route restriction remains except for certain prohibited sectors. Additionally, any transfer of existing or future FDI that causes beneficial ownership to fall within this restriction will likewise require Government approval. The change is effective from the date of the relevant foreign exchange notification. Circulars FEMA Fri, 17 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63763