The Department of Industrial Policy and Promotion (DIPP) in the Ministry of Finance, Government of India has recently released the new Consolidated FDI Policy vide its Circular 1 of 2011 which came into effect from April 1, 2011. The revised Consolidated FDI Policy has introduced significant changes, one of them being the revisions made to the pricing norms applicable to convertible instruments being issued by an Indian company to a person resident in India.
Revised Pricing Norms for Convertible Instruments
Updated: Jan 18, 2022
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