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Violation of FDI Norms

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..... Violation of FDI Norms - News and Press Release Dated:- 10-7-2019 - News - Enforcement Directorate is conducting investigation in 581 cases under Foreign Exchange Management Act, 1999 (FEMA) for alleged violation of FDI norms. Disclosure of other details of these cases may not be in large public interest as the same may adversely impact the ongoing investigations. It has been the e .....

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..... ndeavour of the Government to put in place an enabling and investor friendly FDI policy. The intent is to make the FDI policy more investor friendly and remove the policy bottlenecks that have been hindering investment inflows into the country. The onus of compliance with the FDI norms lies on the entity that is the recipient of FDI. The Foreign Direct Investment (FDI) inflows have been g .....

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..... oing up each year, as against any of the previous years: S. No. Financial Year Total FDI Inflows (in USD billion) 1. 2016-17 60.22 2. 2017-18 .....

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..... 60.97 3. 2018-19 64.38 4. 2019-20 (up to April, 2019) 6.95 NOTE: Figures are provisional subject to reconciliation with RBI. This in .....

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..... formation was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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