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Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA

Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA

Finance Concept with Stack of Coins – 100 percent FDI or Foreign Direct Investment on wooden blocks
| Photo Credit: lakshmiprasad S

The Finance Ministry has notified a decision to allow overseas companies with Chinese shareholding of up to 10% to invest in India under the automatic route under FEMA, according to a notification.

In March, the Union Cabinet approved amendments in the press note (PN) 3 of 2020 of the DPIIT.

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