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April 2010

Consolidated FDI Rules

By Raman Jokhakar
Tarunkumar G. Singhal
Chartered Accountants

Reading Time 1 mins

New Page 3

The Government plans to
introduce a single Foreign Direct Investment (‘FDI’) document by the end of the
financial year. The consolidated FDI document would subsume all 177 press notes
issued so far. The Government also plans to review and update the document rules
every six months. The draft document was kept open for public comments till
January 31, 2009.

(Source : Business Standard, dated 12-1-2010)

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April 2010

Consolidated FDI Rules

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Journal

Brieficles

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Reach Us

April 2010

Consolidated FDI Rules

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FDI — Reinvestment of internal accruals in down stream sectors

Currency futures in 3 more currencies