TaxTMI 
TaxTMI 
New Upgraded and Secure Portal for E-Filing of Applications for Foreign Direct Investment Launched
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....ew Upgraded and Secure Portal for E-Filing of Applications for Foreign Direct Investment Launched <br>Income Tax<br>Dated:- 17-2-2015<br><BR>Department of Economic Affairs, Ministry of Finance launched here today a new upgraded and secure user friendly web site for filing and processing of applications for Foreign Direct Investment (FD) requiring Government approval. Presently the applications are filed online at www.fipbindia.com which had limited features and processing capabilities. The new website http://fipb.gov.in, which becomes operational from today, shall henceforth receive applications regarding FDI in approval route sectors. With the introduction of the new website, applicant will have to submit only SINGLE copy of the ap....
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....plication for records with the FIPB Secretariat instead of 15-18 copies being filed earlier. The initiative is part of the Government's ongoing efforts for Good Governance by enhancing transparency and accountability in its procedures and is a step towards Minimum Government and Maximum Governance. The innovative features of the website are: * Global Reach -Apply from anywhere in the world! Access your status from anywhere in the world! * E-communication - communication between the applicant, FIPB and other ministries/ departments is online. * Quicker communication- All the correspondence including updates/ decisions are communicated through SMS/emails and thus eliminating physical delivery and loss of....
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.... time due to postal delays. * Less Paperwork - Single signed copy only needed (for record) instead of present multiple sets of the application. * SMS/email alert- Regular alerts are sent to the applicants related to the queries raised by the administrative ministries, inclusion of the proposal in the scheduled FIPB meeting and decisions. * Transparency and security- all transactions and correspondences are recorded online and are secure. * Query module- Any doubts? A user can raise a query online which shall be replied by the relevant ministry. ============= Document 1 €X O सतà¥à¤¯à¤®à¥‡à¤µ जयते FOREIGN INVESTMENT PROMOTION BOARD $ 39 F FIPB Secretariat Departm....
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....ent of Economic Affairs Ministry of Finance Government of India http://fipb.gov.in INDIA WELCOMES FOREIGN INVESTMENT · FDI is allowed on automatic route in majority of sectors so you can invest the moment you desire. No application! No prior approval! FDI is not allowed in real estate, trading in transferable development rights, lottery and gambling business, atomic energy etc. Prior approval of government is mandatory only for limited sectors. Retail (Wholesale/Single-multi brand) Mining of Titanium ⚫Brownfield Pharmaceuticals Broadcasting and Print media ⚫ Telecommunication services Private Security Agencies For more details: http://fipb.gov.in • Satellite - establishment and operation • Tea Pla....
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....ntation Defense • Civil Aviation • Financial Services Foreign Investment Promotion Board FIPB - an Inter Ministerial body Single window model for fast track processing and clearance of proposals of foreign investment requiring government approval FIPB adopts a proactive and constructive approach to facilitate foreign investment in the country while implementing the FDI policy. Constitution of FIPB • Secretary, Department of Economic Affairs Chairperson • Secretary, Department of Industrial Policy & Promotion • Secretary, Department of Commerce • Secretary (Economic Relations), Ministry of External Affairs • Secretary, Department of Revenue • Secretary, Ministry of Micro, ....
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....Small and Medium Enterprises • Secretary, Ministry of Overseas Indian Affairs Foreign Investment Promotion Board Secretariat, Department of Economic Affairs, Ministry of Finance, Government of India INDIA: INVESTOR'S CHOICE Demographic Dividend ■Stable Government ■Governed by Rule of Law ■Liberalization Bound age 2/3rd of population below 35 years of By 2025, there could be more than 200 million additional people earning incomes above $15,000 per annum ■Huge and growing middle class with enormous purchasing power ■Fastest growing economy among the Emerging Markets and Developing Economies MAKE IN INDIA 11 Propelled by Hon'ble Prime Minister Shri Narendra Modi's 'Make in India' i....
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....nitiative and a calibrated investment policy, India is on course to realize the cherished dream of emerging as a global investment and manufacturing hub. FIPB IS READY FOR THE CHANGE. Minimum Government Maximum Governance As a part of the government's commitment to the principle of 'Minimum Government and Maximum Governance' FIPB has transformed into e-FIPB Foreign Investment Promotion Board Member Login Corral C Downstream Intation 7 Query Previous FPB Proposal aving animal Related Links Investment Opportunities verb Sof prop or big pro by in) spend ething that wi somethiconfer User Login Welcome to Foreign Investment Promotion Board, INDIA al The vestad (FP) Grect body that alles a single wiede dewance for Fod....
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....e that at through the tomatic This pplication form is only for FDR propo Government se decides on the merit of the cave which are not de "Atomatic Routen dook in the Dipolyses and c handed by these bak of Man Tom FC Term FT may btined for Apron on the fatic roule This efieglaity intentative of the Secret of the States effcny and hampering Che theening of the pictis completedhe akcennes oeurer any iNGLE copy of the printed version at the sinepinen ly bad story along with the documents attached with the sapication efore you log in for the one poinform peone take a register with To ferma Grate Uber id and Pawarchi bestand eFIPB What's New Ce-FIPB Copyrights Cured by Contact U Tat 2309512431 Innovative Features of e-FIPB:- Glob....
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....al Reach -Apply from anywhere in the world! Access your status from anywhere in the world! Transact while on a move! E-communication - communication between the applicant, FIPB and other ministries/departments is online. Quicker communication- All the correspondence including updates/decisions are communicated through SMS/emails Quicker processing- FIPB forwards the application online to the concerned ministries for processing, queries are raised online eliminating physical delivery and loss of time due to postal delays. Less Paperwork - Single signed copy only needed (for record) instead of present multiple sets of the application. SMS/email alert- Regular alerts are sent to the applicants related to the queries raised by the....
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.... administrative ministries, inclusion of the proposal in the scheduled FIPB meeting and decisions. Time saving- E-correspondence between applicant and ministries and also between ministries themselves avoids delays adding to speed and efficiency. Transparency and security: all transactions and correspondences are recorded online and are secure. Query module- Any doubts? A user can raise a query which shall be replied by the relevant ministry. online Automatic Route Foreign Direct Investment Government Approval Route No prior approval Step 1: Log on to FIPB website www.fipb.gov.in for submission of online application 2 days Step 2: Application is circulated to the other Administrative Ministers for their inputs/comments. 2....
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....-3 weeks for examination of the application Step 3: Continuous communication is kept with the Applicant on any query from the Administrative Ministry. 2-3 weeks Step 4: The application Proposal is then discussed and decision is taken in FIPB meeting 2-3 weeks⇓ Step 5: Decision is communicated to the applicant vide Press Release and approval/ rejection letters. Intimation and Reporting to Reserve Bank of India (RBI) through the Authorized Bankers upon receipt of FDI The timelines may extend in case wherein approvals are subject to security clearance or due to administrative reasons. NEWS Investors Speak We would like to put on record our sincere appreciation and express our gratitude for the speedy approval of our case....
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..... This speed undoubtedly endorses your Government's resolve to encourage and facilitate FDI in various sectors including defence sector." "We express deep appreciation and gratitude to the FIPB, its Chairman and the Director and all other officials for speedy disposal of our aforesaid application. We also appreciate the tremendous contributions the FIPB has made towards promoting investment in India and also helping building confidence of foreign investors for whole development of Indian economy." "We would like to place on record our appreciation of the seamless processing of our request. Our experience in interaction with the FIPB for the processing of this amendment approval has been user-friendly and facilitative." "We extend ....
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....our heartfelt thanks to you good office for expeditious clearance of our proposal in respect of issuance of shares pursuant to merger." "This is to convey appreciation of the professional way proposal of our group company has been handled by FIPB. The factors that stand out are the minimal time taken, no need for anybody from our group to visit any office." Contact us: Joint Secretary (Investment) Ministry of Finance, Department of Economic Affairs North Block, New Delhi - 110001 Tel: +91-11-2309 2420 E-mail: [email protected] Director (FIPB) Ministry of Finance, Department of Economic Affairs North Block, New Delhi - 110001 Tel: +91-11-2309 4547 E-mail: [email protected] FIPB Facilitation Center Near Gate No. - 9, North ....
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....Block, New Delhi - 110001 Tel: +91-11-2309 5123/4031 • E-mail: [email protected] Website: http//fipb.gov.in<BR> News - Press release - PIB....