Delhi High Court Releases Draft Arbitration Rules, 2023  ||  Delhi HC: Incumbent Upon Prosecution to Establish that Victim's Age Was Less Than 18 Years  ||  Rajasthan HC: Can’t Label FIR as Frivolous if Case Diaries Establish Commission of Offence  ||  Kerala High Court Quashes Order Imposing Internship Fees on Foreign Medical Graduates  ||  J&K HC: Cannot Allow Writ Petition to be Withdrawn on Basis of Unjustified Ground  ||  Gauhati HC Allows Wife to Stay Separately Due to Assault by Husband for Complexion of Child  ||  Gauhati HC: If Arrestee Taken to Hospital, Magistrate Must Verify Condition through VC or Visit  ||  Madras HC: NHAI is Under Obligation to Maintain the Highways Properly and thereafter Collect Toll Fee  ||  Madras HC: Welfare Govt. Should Strive to Enforce Prohibition Rather than Establishing Liquor Shops  ||  Delhi HC: While Investigating NDPS Cases Efforts Should Be Made to Use Technological Means    

Permanent residency status for foreigners- (Press Information Bureau) (29 Nov 2016)

MANU/PIBU/0956/2016

Civil

The Government has decided to grant Permanent Residency Status (PRS) for 10 years with multiple entry to foreign investors making investment of minimum of Rs. 10 crores to be brought within 18 months or Rs. 25 crores to be brought within 36 months. PRS will also be granted to the spouse/dependents of the eligible foreign investor. The foreign investment should result in generating employment to atleast 20 resident Indians every financial year. The scheme is expected to encourage foreign investment in India and facilitate Make in India. In addition to the restrictions imposed in the FDI policy, security guidelines issued/ as may be issued by the Government from time to time shall also be applicable.

Tags : STATUS   RESIDENCY   FOREIGNER  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved