The Government has revamped the ‘Overseas Investment’ norms to simplify and liberalize the existing framework for overseas investment by a person resident in India. New norms aim to cover wider economic activity and significantly reduce the need for seeking specific approvals, thereby considerably increasing the ease of making investments outside India. This analysis covers the point-wise analysis of key changes in the new norms.
Read Taxmann’s Comprehensive Analysis on Overseas Investment Norns [8 Mins | Read Time]
Drafted by Taxmann’s Research & Advisory Team
Sudha G. Bhushan, Rachit Sharma, Tammana Gaba & Swinkny Bathla