FM Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the Budget.
25 Aug 2019 12:38 PM
According to depositories data, foreign portfolio investors withdrew a net amount of Rs 12,105.33 crore from equities.
25 Aug 2019 11:24 AM
Surcharge on long and short term capital gains from transfer of equity shares has been withdrawn, said FM Nirmala Sitharaman.
23 Aug 2019 6:32 PM
Participants are also awaiting measures from the government to boost growth and revive consumer sentiment, experts added.
18 Aug 2019 11:26 AM
FPIs, however, invested a net Rs 2,096.38 crore in the debt securities during the period.
18 Aug 2019 11:15 AM
During the last week, the Sensex gained 463.69 points or 1.24 per cent.
11 Aug 2019 1:41 PM
However, analysts said the trend may reverse if the government addresses the tax concerns of overseas investors.
11 Aug 2019 11:55 AM
In the budget last month, Sitharaman proposed to hike taxes on those earning more than 20 million rupees annually.
09 Aug 2019 9:53 AM
Separately, media said government was considering reducing tax on long-term capital gains introduced three years ago.
08 Aug 2019 7:36 PM
The country's reserve position with the fund also declined by USD 15.8 million to USD 3.534 billion, the apex bank said.
03 Aug 2019 11:20 AM
Investors have moved to debt; net inflows amounted to USD 1.3 billion as of July 1-29.
31 Jul 2019 1:40 PM
India’s benchmark 10-year bond yield was down 10 bps at 6.43 per cent after falling to 6.42 per cent.
29 Jul 2019 11:14 AM
FPIs have been on a selling spree since the announcement of super-rich tax, said Morningstar's Himanshu Srivastava.
28 Jul 2019 12:12 PM
FPIs had been net investors in the equity segment in the previous five months.
21 Jul 2019 11:16 AM
Investors are threatening to pull funds from India unless rules are amended so that they won’t take a tax hit.
16 Jul 2019 9:15 AM
FPIs pulled out money from equity markets for five of the six sessions following the Budget, which was presented on July 5.
14 Jul 2019 11:27 AM
FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association of persons.
10 Jul 2019 6:10 PM
FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.
09 Jul 2019 8:30 AM
Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs 5 cr.
08 Jul 2019 3:50 PM
As per latest data, FPIs withdrew amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt.
07 Jul 2019 11:38 AM