Question
Under the amended FDI rules, what is the maximum
non-controlling stake allowed for beneficial owners from Land Border Countries through the automatic route?Solution
The revised FDI framework allows beneficial owners from Land Border Countries to invest up to 10% non-controlling stake through the automatic route, subject to regulatory conditions.
NSIC was upgraded from Schedule ‘B’ to Schedule ‘A’ CPSE status through a notification dated:Â
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