India Updates Investment Rules: 100% FDI in Satellite Manufacturing, Mixed Approach for Operations and Launch Vehicles. https://www.taxtmi.com/highlights?id=76686 The Ministry of Finance's recent notification amends the FEMA (Non-debt Instruments) Rules, particularly focusing on the space sector. These amendments introduce investment thresholds for different segments within the sector, such as 100% FDI under the automatic route for manufacturing satellite components and a mixed approach for more sensitive areas like satellite operations and launch vehicles. en-us Wed, 17 Apr 2024 15:14:50 +0530 Wed, 17 Apr 2024 15:14:50 +0530 TaxTMI RSS Generator India Updates Investment Rules: 100% FDI in Satellite Manufacturing, Mixed Approach for Operations and Launch Vehicles. https://www.taxtmi.com/highlights?id=76686 The Ministry of Finance's recent notification amends the FEMA (Non-debt Instruments) Rules, particularly focusing on the space sector. These amendments introduce investment thresholds for different segments within the sector, such as 100% FDI under the automatic route for manufacturing satellite components and a mixed approach for more sensitive areas like satellite operations and launch vehicles. Highlights FEMA Wed, 17 Apr 2024 15:14:50 +0530 https://www.taxtmi.com/highlights?id=76686