TaxTMI 
TaxTMI 
Fast-Tracking Clearance of FDI Proposals
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....ast-Tracking Clearance of FDI Proposals <br>News and Press Release<br>Dated:- 20-12-2018<br><BR>The Foreign Investment Facilitation Portal (FIFP) is the online single point interface of the Government....
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.... of India with investors to facilitate Foreign Direct Investment (FDI) after abolition of the erstwhile Foreign Investment Promotion Board (FIPB). This portal is administered by Department of Industri....
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....al Policy & Promotion (DIPP). The work of granting government approval for foreign investment in eleven notified sectors and activities requiring government approval under the extant FDI Policy and F....
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....oreign Exchange Management Act (FEMA), has been entrusted to the concerned Administrative Ministries and Departments. Standard Operating Procedure (SOP) for processing FDI proposals were issued on 29t....
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....h June, 2017 by the DIPP. As per the SOP, 8 to 10 weeks' time has been fixed for decision on the proposals, excluding the time taken by applicants in removing deficiencies in the proposals and supply....
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....ing additional information as may be required by the competent authority. Periodic review is also undertaken by DIPP with other stakeholder Ministry and Departments to ensure timely approval of propo....
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....sals of FDI. This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Rajya Sabha yesterday.<BR> News - Press release - PIB....