• Registered Users :
  • 163430
  • Current Active Users :
  • 103719

News INCOME TAX

  • Jul 16, 2019
  • Tax on FPIs: Relief to less volatile investors not easy — here’s why

    While there is a thinking in some sections of the government that FPIs with investors not focused on profit maximisation could be exempted from the proposed higher surcharge on the super rich, tax experts have doubted the feasibility of the move. It would be difficult to define a special dispensation linked to the nature of beneficiary investors, as most India-focused funds are open-ended ones, where the investors keep changing, experts noted.