The new Government has proposed various measures, be it new policy initiatives or tax/regulatory amendments, to augment the growth of the Indian economy and encourage foreign investment. This makes it imperative that Overseas Indians be aware of the new Government’s policies and initiatives so as to take advantage of the changing regulations and socio-economic environment and be a part of the India Growth Story.
Against the above backdrop, “Ready Referencer for Overseas Indians” has been designed to provide an insight on the various aspects governing investments into India, be it investment opportunities for the Overseas Indian community, the associated regulatory requirements or the tax implications in India. “Ready Referencer” is divided into six sections encompassing economic outlook, tax and foreign exchange regulations, investment arenas and immigration pre-requisites.
The OIFC was set up by the Ministry of Overseas Indian Affairs’ (MOIA) in 2007, in partnership with the Confederation of Indian Industry (CII), and provides facilitation services to the Overseas Indians, especially assisting them in deepening their economic and intellectual engagement with India.
The publication was released against the backdrop of the OIFC Diaspora Engagement Meet held at Bahrain on 6 September, 2014.