Quick Summary
The Reserve Bank of India (RBI) has updated its Master Directions on Foreign Investment in India, providing a comprehensive framework for foreign investments. These directions consolidate regulations related to Foreign Direct Investment (FDI), Foreign Portfolio Investment (FPI), and other foreign investments, aiming to simplify compliance and enhance transparency. Key updates include streamlined procedures for investment reporting, clarified sectoral caps, and revised guidelines for investment by Non-Resident Indians (NRIs). Understanding these changes is crucial for investors and businesses to ensure adherence to India’s evolving foreign investment landscape.
The Reserve Bank of India has updated its Master Directions on Foreign Investment in India (FED Master Direction No.11/2017-18) as of August 08, 2024, introducing key definitions and clarifying various provisions.
Among these updates, the validity of the Valuation Certificate is particularly noteworthy.
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