Foreign Investment in India is regulated in terms of sub-section 2A of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (FEMA) read with Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (NDI Rules).
source https://www.caclubindia.com/articles/returns-for-fdi-in-india-48806.asp
source https://www.caclubindia.com/articles/returns-for-fdi-in-india-48806.asp
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