Amendment of conditions in the policy on Foreign Direct Investment in single-brand product retail trading



The Cabinet has approved the proposal of the Department of Industrial Policy Promotion for amendment of the existing policy on Foreign Direct Investment in Single-Brand Product Retail Trading. Vide Press Note 1(2012 Series) dated 10.1. 2012, Government had permitted FDI, up to 100%, in single brand product retail trading, subject to specified conditions, including, interalia, the conditions that: (i) The foreign investor should be the owner of the brand. (ii) In respect o
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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