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India revisits Press Note 3: Key clarifications to FDI framework for investments from land-bordering countries
On 17 April 2020, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, announced a significant change to India’s foreign direct ...
NEW DELHI: The government is reviewing Press Note 3 and may introduce a ‘de minimis’ threshold to allow automatic approvals for small foreign investments, sources familiar with the discussions said.
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