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EASING TAX RULES FOR FPIS
FPIs lap up bonds worth 10,000 cr in four sessionsForeign investors have injected nearly ₹10,000 crore into Indian bonds in four sessions, reversing recent outflows. This surge follows tax ...
FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
India eyes major bond index entry as tax exemptions sweeten appealIndia is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
GIFT Nifty tumbles 1.5% as US stock market plunges. Will Dalal Street crash on Monday?GIFT Nifty plunged over 1.5% after a sharp selloff on Wall Street, signalling a weak start for Dalal Street on Monday. Strong US jobs data ...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
Govt committed to further drive 'Reform Express', ensure economic momentum: FM SitharamanIndia's economic outlook continues to evolve, with Finance Minister Nirmala Sitharaman highlighting the government's unwavering resolve to ...
RBI expects healthy foreign capital inflows, better balance of payments after easing measuresThe RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...
R Gandhi calls RBI policy 'on expected lines', sees no immediate rate hike risksThe Reserve Bank of India has maintained its neutral policy stance and kept interest rates steady. The central bank has adjusted its foreca...
ICICI Bank shares in focus after lender receives Sebi’s warning letter. Here's whyICICI Bank shares are under scrutiny after Sebi issued a warning for a custodian violation related to FPI fund repatriation. Despite this, ...
BIT sweeter? India weighs easing treaty rules with safeguards to attract foreign capitalAs the world shifts economically, India is set to revamp its investment treaty frameworks. The government is exploring options to simplify ...
Easier FPI access to equity, debt marketsIn a strategic bid to entice foreign investors, India is simplifying tax regulations on select securities. This initiative is designed to b...
France eases EU Blue Card rules for skilled workersFrance has eased its EU Blue Card rules for skilled foreign workers. Professionals with three years of experience can now qualify without a...
Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gainsIndian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...
Modi government in panic mode on current economic situation: CongressThe Congress party alleges the Modi government is in panic over the economy. They point to a reported plan to remove capital gains tax on f...
India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
How can I transfer or gift 800 grams of gold to my daughters?ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that b...
How to regain funds & frolic: India’s capex push needs savings, competitiveness and global capital flows to alignAsia is experiencing an industrial boom. India can benefit by increasing manufacturing and attracting investment. This will create jobs and...
FPIs' outflow nears Rs 33,000 crore in May on weaker rupeeHowever, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with ne...