https://www.taxtmi.com/circulars?id=64734 Investments by Indian companies owned and controlled by NRIs made on a non-repatriation basis are treated as domestic investments at par with resident investments and shall not be considered in the calculation of indirect foreign investment for downstream investment purposes under the consolidated FDI Policy. en-us Fri, 19 Mar 2021 00:00:00 +0530 Mon, 22 Mar 2021 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64734 Investments by Indian companies owned and controlled by NRIs made on a non-repatriation basis are treated as domestic investments at par with resident investments and shall not be considered in the calculation of indirect foreign investment for downstream investment purposes under the consolidated FDI Policy. Circulars FEMA Fri, 19 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64734