FDI in e - commerce retail

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..... FDI in e - commerce retail - News and Press Release Dated:- 2-5-2016 - News - FDI is permitted in Indian entities that carry out single brand retail via e-commerce. To encourage investment in e-commerce sector, FDI policy permits 100% foreign investment under the automatic route in companies engaged in e-commerce provided that such companies would engage only in Business to Business (B2B) e-comm .....

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..... erce. Further, an entity is permitted to undertake retail trading through e-commerce under the following circumstances: i) A manufacturer is permitted to sell its products manufactured in India through e-commerce retail. ii) A single brand retail trading entity operating through brick and mortar stores, is permitted to undertake retail trading through e-commerce. iii) An Indian manufactur .....

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..... er is permitted to sell its own single brand products through e-commerce retail. Indian manufacturer would be the investee company, which is the owner of the Indian brand and which manufactures in India, in terms of value, at least 70% of its products in house, and sources, at most 30% from Indian manufacturers. Recently, with the objective of bringing clarity on the FDI policy on e-commerce se .....

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..... ctor, the Government introduced Guidelines for Foreign Direct Investment (FDI) on e-commerce and clarified that 100% FDI under automatic route is permitted in marketplace model of e-commerce and FDI is not permitted in inventory based model of e-commerce. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce Industry Smt. Nirmala Sitharaman in a .....

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..... written reply in Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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