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September 2012

A. P. (DIR Series) Circular No. 137 dated 28th June, 2012

By Gaurang Gandhi, Chartered Accountant
Reading Time 1 mins
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Foreign Investment in India – Sector Specific conditions.

Annexed to this circular is the revised Annex A and Annex B of Schedule 1 to Notification No. FEMA 20/2000-RB dated 3rd May 2000. The revision has been made to bring uniformity in the sectoral classification position for FDI as notified under the Consolidated FDI Policy Circular 1 of 2012 dated April 10, 2012 and FEMA Regulations.

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