FDI into Trading Companies
This query is : Resolved
09 January 2008
MY question is about the maximum ceiling permitted for the FDI into companies involved into trading of General merchandise.
What abt the % of this FDI Ceiling and can it be raised by any special permission from the relevant ministry ?
What abt the % of this FDI Ceiling and can it be raised by any special permission from the relevant ministry ?
CA B.S.Sridhar
(Expert)
09 January 2008
FDI is permitted only incase of manufacture activities. FDI is not permitted in case of Retailing Business.
09 January 2008
If so then how companies like Spencer, Mart etc.. have come to india and are running retail business ?? There must a minimum ceiling in FDI qua foreign companies.
16 January 2008
I m still looking forward for the reply from any member here
Taranjit Singh
(Expert)
23 April 2009
Dear if your query is still pending then plz send me a PM.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Capitalgain tax purposes for valuation report compulsory
- TDS on Fixed Assets purchased
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- SALARY CAN BE CAPITALIZE
- TAX AUDIT ON PROFESSIONAL INCOME
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
