FPIs seeks surcharge relief in their meet with FM Sitharaman
  • WebDesk BTVI
  • Aug 09 2019

FM Nirmala Sitharaman met FPI representatives today to arrest the economic downturn and slowdown in markets. Nandita Parker, Karma Capital Mgmt, says they discussed FPI tax issue, surcharge removal, rollback of capital gains tax, and ease of doing business. Arun Kejriwal, Kejriwal Research & Investment Services; market expert Chirag Shah; and Sanjiv Bhasin, IIFL, discuss tax surcharge on FPIs impacting markets, FPI outflows keeping the markets volatile, and what could be expected from the govt.