Tag: Foreign Exchange Management Act

India gives nod to investment from Pak

India Pakistan Trade 150x150 India gives nod to investment from PakNow Pakistani are enable to come India and make investment in Indian business sectors as in wake to strengthen the bilateral tie up with Pakistan, India today announced to remove the ban on FDI from neighbour country.

“The government of India has reviewed the policy…And decided to permit a citizen of Pakistan or an entity incorporated in Pakistan to make investments in India, under the government route, in sectors/activities other than defence, space and atomic energy,” as per statement issued by the Department of Industrial Policy and Promotion (DIPP). Read more

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