Mitul Sarkar (CA Final CS inter BCOM) (248 Points)
05 August 2013
milesmaxx
(Student Others)
(34 Points)
Replied 06 September 2013
The full form of FDI is Foreign Direct Investment. The Foreign Direct Investment means “cross border investment made by a resident in one economy in an enterprise in another economy, with the objective of establishing a lasting interest in the investee economy.FDI is defined as the net inflows of investment (inflow minus outflow) to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor.
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Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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