Wednesday 3 June 2015

Investments made by NRIs in securities to be treated as domestic investments; Govt. amends consolida

FDI/FEMA/ILT : Consolidated FDI Policy Circular of 2015 Effective From 12-5-2015 – Review of Foreign Direct Investment (FDI) Policy on Investments by non-Resident Indians (NRIS), Persons of Indian Origin (PIOS) and Overseas Citizens of India (OCIS) – Amendment in Paragraph 2.1.27 and Insertion of Paragraph 3.6.2 (vii)

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