The government on Thursday decided to give relief to foreign companies with no place of doing business in India from the 18.5% minimum alternate tax demands issued to them, saying that amendments to the tax law to this effect would be brought in ... Financial Express, 2 weeks ago
Freeing foreign portfolio investment (FPI) up to 49 per cent across all key sectors, as the government has done, might lead to more flow of short-term money. And, raise the volatility in capital markets, worry some. However, the government has ...Smart Investor, 2 months ago
In a bid to streamline the FDI structure, the government on Thursday introduced a composite foreign investment cap by clubbing all forms of overseas investments to define sectoral limits. Briefing reporters after the Cabinet meeting, Finance Minister Arun Jaitley said that "from now onwards, all FIIs, NRIs and other foreign investments... will be clubbed. It will be constituted as a composite cap". The proposal is aimed at simplification of FDI policy with a view to attracting foreign ...Rediff.com, 2 months ago
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