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Power of AO to Grant Stay — Whether Discretionary or Controlled By the Instructions and Circulars
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January 2015

A. P. (DIR Series) Circular No. 45 dated 8th December, 2014

By Gaurang Gandhi Chartered Accountant

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Notification No. FEMA. 312/2014-RB dated 2nd July, 2014 Foreign Direct Investment (FDI) in India – Review of FDI policy – Sector Specific conditions

This circular has amended Annexure B of Schedule 1 to Notification No. FEMA. 20/2000-RB dated 3rd May 2000 with regard to sectoral classification/conditionalities for FDI/Foreign Investment so as to align it with the Circular on Consolidated FDI Policy issued by the DIPP on 17th April, 2014. The amended clauses are annexed to this Circular.

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January 2015

A. P. (DIR Series) Circular No. 45 dated 8th December, 2014

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Press Note No. 10 (2014 Series) dated December 03, 2014

A. P. (DIR Series) Circular No. 46 dated 8th December, 2014

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January 2015

A. P. (DIR Series) Circular No. 45 dated 8th December, 2014

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Press Note No. 10 (2014 Series) dated December 03, 2014

A. P. (DIR Series) Circular No. 46 dated 8th December, 2014