Indian Tax Department embraces Technology

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Informative Links


Foreign Exchange

1. Foreign Investments in India
2. Account Opened by Foreign Nationals and Foreign Tourists
Source: http://www.rbi.org.in (Reserve Bank of India)


Foreign Investment

Finance Minister, Shri P. Chidambaram has approved 25 proposals of Foreign Direct Investment
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 14th February, 2007, Finance Minister, Shri P. Chidambaram has approved 25 proposals of Foreign Direct Investment amounting to Rs.2386.6239 crore. The proposals relate to Ministries/Departments, namely, Commerce, Civil Aviation, Industrial Policy & Promotion, Information Technology, Information & Broadcasting, Telecommunications, Urban Development and Economic Affairs. The major investment proposals pertain to the Ministry/Departments of Information & Broadcasting, Industrial Policy & promotion, Information Technology, Telecommunications, Urban Development and Economic Affairs.
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Foreign Investment Policy
Source: http://finmin.nic.in/ (Ministry of Finance – Government of India)


Manual on foreign direct investment in India- Policy and Procedures

In recognition of the important role of Foreign Direct Investment (FDI) in the accelerated economic growth of the country, Government of India initiated a slew of economic and financial reforms in 1991. India is now ushering in the second generation reforms aimed at further and faster integration of Indian economy with the global economy. As a result of the various policy initiatives taken, India has been rapidly changing from a restrictive regime to a liberal one, and FDI is encouraged in almost all the economic activities under the automatic route.
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Source: http://dipp.nic.in (Ministry of Commerce & Industry)