Review of FDI Policy on Investments from Countries Sharing Land Border with India

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.... 2 (2026 Series) Subject: Review of FDI Policy on Investments from Countries Sharing Land Border with India The Government of India has reviewed Para 3.1.1 of the Consolidated FDI Policy Circular of 2020 dated 15.10.2020, as amended from time to time (FDI Policy) on investments from countries sharing land border with India as notified vide Press Note 3 (2020) dated 17.04.2020. Accordingly, P....

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...., resulting in the beneficial ownership falling within the restriction of the Para 3.1.1(a) above, such subsequent change in beneficial ownership shall require prior Government approval. 3.1.1 (c) For the purposes of this paragraph, the expression 'beneficial owner' of an investment into India shall mean the beneficial owner(s) of the investor entity incorporated or registered in a countr....

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....ty to directly or indirectly, individually or cumulatively, independently or collectively, whether acting together or otherwise, hold rights/entitlements - (i) in excess of the applicable thresholds prescribed under Rule 9(3) of the PML Rules over an investor entity which is incorporated or registered in a country other than a country sharing land border with India; or (ii) which....