Finance Ministry notifies – According to a notification, the Finance Ministry has notified the decision to allow foreign companies with Chinese shareholding up to 10% to invest in India under the automatic route under FEMA. In March, the Union Cabinet approved amendments to Press Note (PN) 3 of 2020 of DPIIT.
Finance Ministry notifies relaxation in FDI for foreign companies with Chinese stake up to 10% under FEMA
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