Days after the government decided to exempt foreign funds from tax on profits earned before April 1, the CBDT today issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand.
Foreign institutional investors (FIIs) have reduced their exposure in 20 Sensex companies including, Tata Steel and ITC, during April-June quarter as they recast their portfolio on account of global cues
Introduction of the composite cap concept in the FDI policy will remove confusion among investors with regard to multiple limits on various categories of overseas investments such as FII, commerce and industry minister Nirmala Sitharaman today said.
Continuation of robust inflow of foreign investment, led by FIIs in the stock market, looks quite difficult this year as sentiment towards the Indian market may remain muted in the
Natco Pharma plans to increase the limit of foreign institutional investors (FIIs) to 49 per cent as it looks to raise more funds through issuing shares or convertible securities.
Seeking to quickly resolve the controversial tax issue facing foreign portfolio investors, the CBDT today said all claims coming under the ambit of DTAAs will be settled within a month
The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign investors who have been battling tax demands worth Rs 40,000
With an average of over Rs 1,000 crore a day, the net foreign fund inflows into Indian capital markets have crossed $11 billion (over Rs 68,000 crore) in little over
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