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What are the statutory basis for foreign investment in India?

April 26, 2017basis foreign India Investment statutory

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What are the statutory basis for foreign investment in India?

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The foreign investment in India is governed by the provisions of Foreign Exchange Management (Transfer or Issue of Security by a person resident outside India) Regulation, 2000. Reserve Bank of India has issued Notification No. FEMA.20/2000-RB dated 3rd May 2000 as amended from time to time.