|Present Position||Revised Position|
|A Non – resident entity can invest in India subject to the FDI Policy except in those sectors / activities which are prohibited.||Citizen / entities incorporated in any country with which India shares land borders (i.e. Nepal, Pakistan, China, Bangladesh, Burma, Bhutan, Sri Lanka & Afghanistan) or where beneficial owner of an investment into India is situated in such countries can invest in India with prior Government approval.|
|Citizen of Bangladesh or Entities incorporated in Bangladesh are allowed to invest in India with prior
|Further, where due to transfer of ownership of existing FDI resulting in the beneficial ownership to the citizen or entities incorporated in the above mentioned countries, such transfer is also subject to government approval.|
|Citizen of Pakistan or entities incorporated in Pakistan can invest, only under the Government route, in sectors/activities other than defence, space, atomic energy and sectors/activities prohibited for foreign investment.||There is no change in present position for investment
from Bangladesh & Pakistan.
The information contained herein is intended for general guidance only. It shall not to be used as a substitute of professional advice. Before acting on any matters contained herein, reference should be made to press releases, circulars or any other publication issued by respective authorities. Khandhar Mehta & Shah will not be responsible to any person.