TaxTMI 
TaxTMI 
Limit of Foreign Investment
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....imit of Foreign Investment <br>News and Press Release<br>Dated:- 5-12-2014<br><BR>FDI up to 100% is allowed on the automatic route in most sectors/activities, subject to applicable laws/regulations; security and other conditionalities. FDI is prohibited in Lottery Business including Government/private lottery, online lotteries etc; Gambling and betting including casinos etc.; chit funds; Nidhi com....
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....pany; trading in Transferable Development Rights (TDRs); Real Estate Business of Construction of Farm Houses; Manufacturing of Cigars, cheroots, Cigarillos and cigarettes; of tobacco or of tobacco substitutes; activities/sectors not open to private sector investment e.g. Atomic Energy and Railway Transport (other than Suburban corridor projects through PPP, High speed train projects, Dedicated fre....
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....ight lines, Rolling stock including train sets, and locomotives/coaches manufacturing and maintenance facilities, Railway Electrification, Signaling Systems, Freight terminals, Passenger terminals, Infrastructure in industrial park pertaining to railway line/ sidings including electrified railway lines and connectivities to main railway line and Mass Rapid Transport Systems). FDI, in various sect....
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....ors, is allowed, up to the different limits, varying from 20% to 100% subject to applicable laws/regulations; security and other conditionalities. The detailed information is in 'Consolidated FDI Policy Circular 2014' as updated vide Press Notes 7 (2014) and 8 (2014), available at this Department's website. This information was given by the Minister of State (Independent Charge) in the Ministry o....
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....f Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.<BR> News - Press release - PIB....