Tag: Surcharge On Fpis

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Govt Rolls Back Surcharge On FPIs To Check Capital Outflow

New Delhi: With an aim to check the massive outflow of foreign portfolio investment since the Budget, the government on Friday withdrew the surcharge levied on them. As a result, the tax incidence for foreign portfolio investors (FPIs) will come down by 4-7 per cent removing the anomaly created in the Budget. The move will […]

  • Monday, 26 April 2021
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