Pakistanis can now invest in India, SBP gives conditional permission ...palestine

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Pakistanis can now invest in India, SBP gives conditional permission
The State Bank has allowed Pakistanis to make equity investments in India but investors need to take permission from the central bank before doing so.  The bank has now made it easier to make investments in countries that allow capital and profits to be repatriated to Pakistan. The expectations are that when Pakistanis will make investments abroad to make their subsidiaries, profits can be repatriated.   The amendment in the law has enabled startups, fintech and export companies. In order to set up an investor or office abroad, it is essential that the records of individuals or institutions should be clean. There should be no previous case of money laundering or terror fi

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