Search For "fpis"
Relief for FPIs as govt withdraws enhanced surcharge
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 24 (ANI): In a major relief to foreign portfolio investors (FPI), the government on Friday announced to scrap the enhanced surcharge on long and short-term capital gains arising from the transfer of equity shares.
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Govt unveils stimulus package to reverse slowdown, surcharge on FPIs withd
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 23 (ANI): In a bid to boost economy, capital markets and consumption, Finance Minister Nirmala Sitharaman on Friday announced a slew of measures including the rollback of controversial tax surcharge on foreign portfolio investors (FPIs) and equities of domestic inve
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Sitharaman announces withdrawal of surcharge on capital gains on FPIs
Updated : 6 years, 7 months ago IST
New Delhi, Aug 23 (ANI): The surcharge levied in the union budget on short-term and long-term capital gains of foreign portfolio investors (FPI) and the one on equity in the case of domestic investors have been abolished, Finance Minister Nirmala Sitharaman announced on Friday restoring t
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Sensex up 254 points, Indiabulls Housing surges 14.7 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 9 (ANI): Equity benchmark indices ended higher for the second consecutive day on Friday, a day after reports said that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs).
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Sensex jumps 637 points while Nifty regains 11,000 mark
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark.
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RBI proposes VRR to attract long-term investment
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm
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Surge in FPIs will positively impact rupee: DEA Secy
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 22 (ANI): In the wake of a revision in the Know Your Client (KYC) norms and eligibility conditions for Foreign Portfolio Investors (FPIs), Department of Economic Affairs (DEA) Secretary Subhash Chandra Garg said an increase in FPIs would take place, which would have a
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RBI approves FPIs to transact in securities directly
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 28 (ANI): The Reserve Bank of India (RBI) has eased the norms for foreign portfolio investors to transact in securities other than shares by allowing them to trade directly in such instruments.
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