Category: Foreign Investment

/ Foreign Investment

Liberalization of Foreign Direct Investment – Other Financial Services

Department of Industrial Policy & Promotion in order to provide easy finance to the Indian Industries has liberalized the Foreign Direct Investment (‘FDI’) limits in Non-Banking Financial Company. Para 5.2.26 of the Consolidated FDI Policy has been replaced with the following para subject to specified conditions in chartered accountant firms in mumbai:
Before Circular:
Foreign investment in NBFC is allowed under the automatic route in only the following activities:
i.        Merchant Banking
ii.        Under Writing
iii.       Portfolio Management Services…

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/ Foreign Investment

Where should an NRI Invest to earn Secured, After-Tax return?

NRE Bank FD or Money Market (Liquid) Fund?

NRE Bank FDs have always been considered the best investment product for NRIs to earn SECURED, TAX-FREE return in India. NRIs have poured in BILLIONS of dollars in NRE bank deposits to generate Secured tax-free return in India. However, with change in global compliance and reporting requirements to report foreign income and increasing currency risk of rupee (INR) depreciation, it is not that crystal clear any more.

Let’s understand it with an …

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After hearing enough rambling on FDI’s and its pressing have to be compelled to stop Indian monetary unit fall, one is incredibly curious to grasp concerning FDI and making an attempt to grasp what qualifies as FDI and what routes square measure out there for them to take a position in our country.

Foreign Direct Investment (FDI)

FDI because the name suggests, it’s associate degree investment directly created by a remote company into business in another country. Such investment may …

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