TaxTMI 
TaxTMI 
Foreign Direct Investment
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....oreign Direct Investment <br>News and Press Release<br>Dated:- 13-3-2015<br><BR>The year-wise details of the proposals received during the last three years and the current year are as under: Year No. of fresh proposals received 2012 218 2013 219 2014 153 2015 (till date) 21 The details of the proposals approved/ rejected during the last three years and the current year are as under: Ye....
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....ar No. of proposals approved No. of proposals rejected 2012 199 80 2013 198 33 2014 204 42 2015 (till date) 11 9 Proposal-wise actual FDI inflows and its utilization in various sectors and State/Union Territory are not maintained centrally. Investment by foreign companies in the country is guided by the FDI policy. FDI in the country is permitted subject to, applicable laws/regulat....
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....ions; security and other conditionalities. FDI brings much needed capital, technology and global best practices to the investee Indian companies. Filing of FDI proposals is continuous process and proposals for investment are placed before the FIPP only after completion of all the mandatory paper work. FDI proposals can be made for investment in any State of the country. Foreign Investment Promot....
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....ion Board (FIPB) considers these proposals on case to case basis. FIPB has not banned investment from any company in the country. Government has put in place an investor-friendly policy on FDI, under which FDI, up to 100%, is permitted, under the automatic route, in most sectors/activities including investments from Non-Resident Indians (NRIs). Foreign Direct Investment (FDI) policy is reviewed o....
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....n an ongoing basis, with a view to making it more investor friendly, including for NRIs. Significant changes in the FDI policy regime have been made in the recent past in certain sectors namely Railway infrastructure, construction development, defence, medical devices & insurance, to provide further openings for FDI in India. Further, the extant FDI policy allows special dispensation for NRI inve....
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....stments in the construction development sector, Scheduled Air Transport Services, Domestic Scheduled Passenger Airlines, Non-Scheduled Air Transport Services, Non-Scheduled airlines, Chartered airlines, and Cargo airlines. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.<....
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....BR> News - Press release - PIB....