France is currently the top most destination for FDI into Europe even though it ranks third on the list of Indian investments in the continent.
The government should double the basic I-T exemption limit to Rs 5 lakh per year and continue with incentives and deductions to corporate houses for stimulating consumption demand and propel private investment post demonetisation, according to an EY survey.
The EY survey says India has emerged as the number one FDI destination in the world during the first half of 2015. With FDI capital inflows of US$30.8b, India has outpaced all other economies, moving up to the premier position from being in the fifth spot during the corresponding period of the previous year.
This survey by E&Y was done was to understand the perspectives of general counsels and law firms on the need for arbitration in India, its drawbacks, regulatory system and steps that would be required to make India a preferred arbitration destination.