On 10 March 2026, the Government of India issued a press release (Press Release) indicating that Union Cabinet (Cabinet) has approved amendments to the foreign direct investment (FDI) regime in India with respect to for investments into India with beneficial ownership originating from countries sharing land borders with India (LBCs) under a regulation known as “Press Note 3” (PN3).
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https://www.khaitanco.com/sites/default/files/2026-03/ERGO%20-%20Press%20Note%203%20-%2011%20March%202026.pdf
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