https://www.taxtmi.com/acts?id=40942 Overseas direct investment by an Indian entity may be made through equity capital for bona fide business activities by subscription, acquisition, rights or bonus issues, capitalisation of eligible dues, securities swaps, or schemes of arrangement. Investment in foreign financial-services entities is subject to profitability, regulatory registration and approval conditions, with limited exceptions for non-financial-services entities. Total financial commitment across foreign entities is capped at 400 percent of net worth, subject to specified inclusions and exclusions, while designated public sector undertakings investing in strategic sectors are exempt from the limit. en-us Tue, 23 Aug 2022 15:21:13 +0530 Mon, 31 Aug 2026 16:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40942 Overseas direct investment by an Indian entity may be made through equity capital for bona fide business activities by subscription, acquisition, rights or bonus issues, capitalisation of eligible dues, securities swaps, or schemes of arrangement. Investment in foreign financial-services entities is subject to profitability, regulatory registration and approval conditions, with limited exceptions for non-financial-services entities. Total financial commitment across foreign entities is capped at 400 percent of net worth, subject to specified inclusions and exclusions, while designated public sector undertakings investing in strategic sectors are exempt from the limit. Act-Rules FEMA Tue, 23 Aug 2022 15:21:13 +0530 https://www.taxtmi.com/acts?id=40942