Keeping in line with the focus on India’s financial growth, the Union Budget 2024 is expected to be pro-investment with an emphasis on improving the ease of doing business and attracting foreign investment
The article briefly discuss some of the significant changes brought about through the Revamped Regime for overseas direct investment ("ODI") transactions.
Government of India, Securities and Exchange Board of India SEBI, and Reserve Bank of India RBI have introduced flagship changes to the legal regime with respect to overseas investments by Indian residents including alternative investment funds AIF registered under the SEB.