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May 2015

A. P. (DIR Series) Circular No. 94 dated April 8, 2015

By Gaurang Gandhi Chartered Accountant

Reading Time 1 mins

Notification No. FEMA.340/2015-RB dated March 3, 2015 Press Note No. 3 (2015 Series) dated March 2, 2015 Foreign Direct Investment (FDI) in India – Review of FDI policy – Sector Specific conditions – Insurance sector

With immediate effect, Paragraph 6.2.17.7 of the Consolidated FDI Policy Circular of 2014 dated April 17, 2014 has been amended as follows: –

Consequential changes have been made in Paragraph 6.2.17.2.2(4)(i)(c) of the Consolidated FDI Policy Circular of 2014 dated April 17, 2014 as under: –

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May 2015

A. P. (DIR Series) Circular No. 94 dated April 8, 2015

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May 2015

A. P. (DIR Series) Circular No. 94 dated April 8, 2015

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SEBI to govern commodity contracts too – implications of this Finance Bill proposal

A. P. (DIR Series) Circular No. 95 dated April 17, 2015