Liberalization of Foreign Direct Investment other financial services.

Liberalization of Foreign Direct Investment - Other Financial Services

Department of Industrial Policy & Promotion in order to provide easy finance to the Indian Industries has liberalized the Foreign Direct Investment ('FDI') limits in Non-Banking Financial Company. Para 5.2.26 of the Consolidated FDI Policy has been replaced with the following para subject to specified conditions chartered accountants firms in mumbai:
Before Circular:
Foreign investment in NBFC is allowed under the automatic route in only the following activities:
      i.        Merchant Banking
     ii.        Under Writing
     iii.       Portfolio Management Services
    iv.        Investment Advisory Services
     v.        Financial Consultancy
    vi.        Stock Broking
   vii.        Asset Management
   viii.       Venture Capital
    ix.        Custodian Services
     x.        Factoring
    xi.        Credit Rating Agencies
   xii.        Leasing & Finance
   xiii.       Housing Finance
  xiv.        Forex Broking
   xv.        Credit Card Business
  xvi.        Money Changing Business
xvii.        Micro Credit
xviii.       Rural Credit
After Circular:
Other Financial Services: Financial Services activities regulated by Financial Sector regulators viz. Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and Development Authority direct foreign investment in India, The Pension Fund Regulatory and Development Authority, National Horticulture Board or any other financial sector regulator as may be notified by Government of India subject to certain conditions.
% of Equity / FDI Cap : 100%
Entry Route: Automatic
Further, minimum capitalization norms for Foreign Direct Investment in Non-Banking Finance Companies have been done away with. Investment in "Other Financial Services" activities shall be now subject to conditionalities, including minimum capitalization norms, as specified by the concerned Regulator or Government Agency.

Comments

Recruitment Service in Delhi by Payroll Services India

In today’s competitive business environment, finding the right talent quickly and efficiently is critical to organizational success. Whether you are a startup scaling operations or an established enterprise looking to expand, partnering with a trusted recruitment agency can make all the difference. Payroll Services India offers top-notch recruitment services in Delhi , helping businesses hire skilled professionals across various industries with ease and precision. Why Choose Payroll Services India for Recruitment Service in Delhi ? As a leading recruitment company in Delhi , Payroll Services India understands the complexities of hiring in a fast-paced urban market. Here's what makes them a preferred choice among employers: 1. End-to-End Hiring Solutions From job posting and candidate sourcing to screening, interviewing, and final placement, Payroll Services India provides comprehensive recruitment solutions that save your business time and effort. 2. Industry-Specific Expert...

Payroll services in Gurgaon

EXPATS IN INDIA OR MOVING TO INDIA FOR Work OR BUSINESS Unfamiliar nationals visiting India for over 180 days on a business visa, research visa, or work visa are expected to get themselves enlisted with the Outsiders Territorial Enrollment Office(FRRO). An individual should get an FRRO enrollment from an Outsiders Enlistment Official (FRO) within no less than 14 days of appearance in India. The essential capability of the FRRO is to administer the enlistment and documentation prerequisites for unfamiliar nationals visiting or living in India. It fills in as the focal expert for giving visa augmentations, visa changes, and other migration-related administrations. Key liabilities of the FRRO include: 1. Enlistment of Unfamiliar Nationals: The FRRO commands that far-off nationals for work or Business should enroll themselves with the Neighborhood FRRO within no less than 14 days of appearance in India. 2. Visa Administrations: The FRRO cycles and awards visa expansions, visa transformatio...

Best List of Payroll Outsourcing Companies in India: Top Providers Compared

Managing payroll can be a tedious and time-consuming task, especially as a business grows. Many companies today choose to outsource payroll because it ensures accuracy, compliance, and efficiency without stressing internal teams. The increasing demand has created a strong list of payroll outsourcing companies in India , offering automated payroll systems, statutory compliance support, and HR technology integration. These services help businesses reduce operational workload while ensuring employees are paid accurately and on time. With frequent regulatory changes related to PF, ESI, TDS, minimum wages, and labour laws, payroll outsourcing has become a strategic choice for Indian businesses. Whether you’re a small startup or a large enterprise, outsourcing payroll allows your HR team to focus on growth, recruitment, and employee engagement instead of manual calculations. Top Payroll Outsourcing Companies in India Below is a curated list of payroll companies offering services across i...

Brooks - A Payroll Specialist, Since 1999

Search This Blog