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FEMA - Highlights / Catch Notes

Home Highlights April 2024 Year 2024 This

The Ministry of Finance's recent notification amends the FEMA ...

Notifications     FEMA

April 17, 2024

The Ministry of Finance's recent notification amends the FEMA (Non-debt Instruments) Rules, particularly focusing on the space sector. These amendments introduce investment thresholds for different segments within the sector, such as 100% FDI under the automatic route for manufacturing satellite components and a mixed approach for more sensitive areas like satellite operations and launch vehicles.

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