FDI LIMIT
This query is : Resolved
CA Meenakshi
(Querist)
22 September 2021
One Indian company(Deal in Digital India) accepted 58% FDI in that case what is the rule followed by company I) to reduce the FDI limit or ii) the provision(i.e 26%) not affected retrospectively, because that is old co.
Dhirajlal Rambhia
(Expert)
05 October 2021
FDI limit in Digital media had never been more than 26%. Whereas the company has already accepted more than 58%, which means it may have been given special permission, check that.
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