The draft Foreign Exchange Management (Overseas Investment) Rules and draft Foreign Exchange Management (Overseas Investment) Regulations were also put in the public domain for consultations.
In line with the amendment in the Foreign Exchange Management Act 2015, Outward Investments Rules have been framed by the Government of India in consultation with the Reserve Bank.
The government has simplified the overseas investment rules with the aim of enhancing the 'ease of doing business' sentiment.It has simplified the existing framework for overseas investment by aligning it with the current business dynamics and .
In line with the amendment in the Foreign Exchange Management Act 2015, Outward Investments Rules have been framed by the Government of India in consultation with the Reserve Bank. Modi Government s Milestone Step Towards Ease of Doing Business: New Overseas Investment Rules Will See Bumper Foreign Investment.