https://www.taxtmi.com/news?id=25433 Abolition of the pre-approval board vested approval authority for foreign investment in administrative ministries with the Department for Promotion of Industry and Internal Trade as nodal department; filings are required exclusively on the Foreign Investment Facilitation Portal, which forwards proposals to the administrative ministry and simultaneously to external affairs, central banking and home affairs for comments or security clearance where required, and a Standard Operating Procedure prescribes documents and processing steps. en-us Tue, 24 May 2022 16:10:49 +0530 Tue, 24 May 2022 16:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25433 Abolition of the pre-approval board vested approval authority for foreign investment in administrative ministries with the Department for Promotion of Industry and Internal Trade as nodal department; filings are required exclusively on the Foreign Investment Facilitation Portal, which forwards proposals to the administrative ministry and simultaneously to external affairs, central banking and home affairs for comments or security clearance where required, and a Standard Operating Procedure prescribes documents and processing steps. News - Tue, 24 May 2022 16:10:49 +0530 https://www.taxtmi.com/news?id=25433