https://www.taxtmi.com/notifications?id=136721 The amendment to the Non-debt Instruments Rules inserts an entry in Schedule I after Sl. No. 4.2 permitting full foreign investment under the automatic route where the Government has granted an in-principle approval for strategic disinvestment of a PSU. The change creates a specific exception enabling foreign investors to acquire complete ownership without separate government approval in those strategic disinvestment cases and comes into force on publication in the Official Gazette. en-us Tue, 05 Oct 2021 00:00:00 +0530 Wed, 06 Oct 2021 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136721 The amendment to the Non-debt Instruments Rules inserts an entry in Schedule I after Sl. No. 4.2 permitting full foreign investment under the automatic route where the Government has granted an in-principle approval for strategic disinvestment of a PSU. The change creates a specific exception enabling foreign investors to acquire complete ownership without separate government approval in those strategic disinvestment cases and comes into force on publication in the Official Gazette. Notifications FEMA Tue, 05 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136721