Category: Foreign Investment

Central Government has provided for continuation of the Scheme for Investment Promotion (SIP), a Central Sector scheme, for the duration of five years (i.e., FY 2021- 22 to 2025-26) with a financial outlay of INR …

Read More "Scheme for Investment Promotion, 2025-26"

The broker-dealers play a significant role in development of the capital market ecosystem, particularly retail participation. The Expert Committee Report on IFSC International Retail Business Development had recommended that the broker dealers in the IFSC …

Read More "Broker dealers incorporated in IFSC are permitted to access exchanges outside IFSC."

It is further provided that FDI from entities from a country that shares land border with India shall be through government route.

IFSCA clarifies, that the Authority does not mandate any Minimum Holding Period (MHP) requirement pertaining to sale/transfer of loan assets(by any means)by/to IFSCA banking unit (IBU).

As per the amendment 100% FDI is allowed in the telecom sector under automatic route. It is further provided that FDI from entities from a country that shares land border with India shall be through …

Read More "Revised procedure for FDI in the Telecom Sector"

The ministry has permitted foreign investment up to 100% under the automatic route in oil and gas Public Sector Undertakings which have received in-principle approval for strategic disinvestment.

An Indian Insurance company having foreign investment shall comply with the provisions under the Indian Insurance Companies (Foreign Investment) Rules, 2015.

The non-qualitative prudential requirements applicable on the Banking Company under the respective Home Regulations have been made applicable in respect of the IBU, unless the Authority prescribes any directions on any aspect.

The facility of online testing of CHIMS, without payment of registration fee, will be available on www.imports.gov.in with effect from 1st May 2021 on a trial basis. The CHIMS will be effective from 01.10.2021, i.e., …

Read More "DGFT amends the import policy of Integrated Circuits."

The Exporters are directed to apply for an export license by filing applications online through DGFT’s ECOM system for Export authorizations (Non-SCOMET Restricted items) and the online application for export quantity shall be applied from …

Read More "DGFT notifies Procedure and Criteria for Submission and Approval of Application for export of Diagnostic kits."