Will deliberate FPI tax issue with FM Sitharaman: CEA KV Subramanian
  • WebDesk BTVI
  • Jul 09 2019

Chief Economic Advisor KV Subramanian says they will be deliberating with Finance Minister Nirmala Sitharaman on FPI tax, and added that the decision will rest with the FM. He urges market participants to look at the long-term impact and the vision for $5-trillion economy. On the issue of sovereign bond, he says there are risks to foreign bond but it’s beneficial and adds that India needs to tap foreign savings.