newco
Joined: 17 Jun 2013
Posts: 21
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 Posted: Fri Jul 26, 2013 11:45 am Post subject: FDI Policy in India |
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A foreign company will invest in an Indian company through a venture agreement or as a completely closely-held subsidiary within the area units that are otherwise not reserved solely for the general public sector or that don\'t seem to be beneath the prohibited classes. Foreign investment into Asian nation is ruled by the Foreign Direct Investment (FDI) Policy and also the exchange Management Act, 1999 (FEMA).
Sectors within which FDI is prohibited
As per the newest FDI Policy, FDI is prohibited within the following activities/sectors:
Retail commercialism (except single complete product retailing)
Lottery Business together with Government /private lottery, on-line lotteries,etc.
Gambling and sporting together with casinos etc.
Business of bill fund
Nidhi company.
New Company Registration India | Company Registration Procedure | FDI Policy |
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