FPI tax rollback likely
  • WebDesk BTVI
  • Aug 23 2019

There are reports that the government could soon announce a rollback of higher taxes for foreign portfolio investors (FPIs) after FM Sitharaman has specifically instructed officials over the issue two weeks ago. The increased surcharge on super-rich has been affect foreign funds investing in India Foreign investors have been withdrawing from the Indian equity market after the government announced surcharge on super rich in the Union Budget.