Parents of FPIs to be considered as 'legal entity'FPIs registered with the Securities & Exchange Board of India (Sebi) are often arms of offshore mother institutions. In such cases, the reg...
FPIs from Canada's Manitoba asked to wind up India equity investmentsThe capital markets regulator's directive has been because the provincial regulator of Manitoba is not a signatory of International Organiz...
Kotak Bank signs MoU with GIFT SEZ for boosting financial services ecosystem at IFSCAccording to the MoU, one area of focus will be to ease market access and cross border activities for the fund management community. Both e...
Sebi allows FPIs to use off market transfers for IFSC shiftUnder the current rules, a Foreign Portfolio Investor(FPI) who is based out of overseas jurisdictions like Singapore, can shift base to IFS...
Sebi revises rules for surrendering FPI licenseThe regulator said while making an application to Sebi for seeking no objection certificate(NOC) for surrender, custodians must confirm tha...
RBI tightens screws around Mauritius based investments into NBFCsThis stance taken by RBI is in steep contrast with that of what the central government did last year. In June 2020, the Finance Ministry br...
- FinMin allows Mauritius-based funds to get category-I FPI license
Funds must still pay the STT and capital gains tax on investment gains in Indian assets.
Sebi opens doors for Mauritius based funds to get preferential Cat I FPI licenseThe development assumes significance as several Mauritius based investors have been facing uncertainty ever since the country was put on a ...
Sebi provides operational exemptions to FPIsSebi has not provided any relaxation when it comes to new fund registrations.
32 projects sanctioned under Pradhan Mantri Kisan Sampada YojanaThe projects approved are running across the country covering over 100 agro-climatic zones. The Processed food market is expected to grow t...
NRIs may soon get to invest as FPIsNRIs are currently allowed to invest only 5 per cent in a listed company.
UTI Asset Management Company under lens for investment norm violationThe main allegation against UTI is violation of debt investment norms.
Over 150 overseas investors lose FPI licenceThis is the first time since 2014 there is a net fall in the total number of registered FPIs.
Panel suggests new route to attract FPIs not keen to register with SebiEarlier, private banks were allowed to do only proprietary trades in India.
Mauritius revises tax credit rules for foreign cosTax outgo unchanged, firms need to give more evidence to prove they aren’t post-box entities.
Budget 2014 seems positive for financial inclusionFramework for continuous authorization of universal banks in the private sector and licensing of small banks and differentiated banks shoul...
Change in tax rate will impact mutual fund sector: EYThe change in the tax rate to 20% and extension in period of holding to 36 months would diminish the prevailing tax arbitrage with other de...