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News 01 Feb 2017

Jaitley announces abolition of FIPB in 2017-18

While presenting the General Budget 2017-18 in Lok Sabha, the Finance Minister Arun Jaitley proposed the Foreign Investment Promotion Board (FIPB) will be phased-out in the next fiscal. Expressing concern over dubious deposit schemes, Jaitley said a Bill will soon…

By Elets

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