Tax breather for FPIs
  • WebDesk BTVI
  • Jan 18 2017

January 18: Foreign Portfolio Investors (FPIs) in India had bid adieu to 2016 on a nervous note. That was because of a clarificatory circular issued in December by the Central Board of Direct Taxes (CBDT) on indirect transfer provisions under the Income Tax Act, 1961. Samina Nalwala and Pronoy Nath Banerji of BTVi speak with Punit Shah, Partner at Dhruva Advisors to help us understand the same.