Govt mulling high level panel on tax issues: Arun Jaitley
Seeking to contain the adverse fall out of MAT levy on foreign investors, Finance Minister Arun Jaitley today said the Indian government will set up a high- level committee to sort out the taxations issues of the past and make the system predictable.
Apr 26, 2015, 23:30 PM IST
BSE to auction govt bonds worth Rs 507 cr for FIIs on Monday
The auction would take place on leading stock exchange BSE's 'ebidxchange' platform from 1530 hrs to 1730 hrs, after close of normal market hours on April 27.
Apr 26, 2015, 12:28 PM IST
FIIs hike stake in HDFC to record high of nearly 80%
The mortgage financier has also become the first listed Indian company among 30 Sensex firms to have around 80 per cent shareholding by foreign institutional investors (FIIs).
Apr 26, 2015, 11:59 AM IST
'Foreign investors against arbitrary change in tax policy'
Colin Dyer, the President and CEO of property consultancy firm Jones Lang LaSalle, said foreign investors were against any arbitrary change of policies and taxes with change of government in India.
Apr 23, 2015, 19:30 PM IST
Sensex slips 155 points as MAT continue to bug FIIs
Sensex surrendered its early gains to settle lower by 155 points at 27,735.02 as blue-chips took a beating on persisting concerns of foreign investors on tax claims despite government's clarification.
Apr 23, 2015, 16:59 PM IST
Govt meets FIIs on tax issues, offers DTAA relief to MAT-hit investors
In a relief to foreign investors slapped with Rs 40,000 crore tax demands, the government Wednesday said such levies would not be applicable to the entities based in countries having double taxation avoidance pacts with India, while others can approach the courts for reprieve.
Apr 22, 2015, 17:42 PM IST
FIIs, RFPIs can invest up to 49% in GSS Infotech: RBI
The Reserve Bank Monday said FIIs and Registered Foreign Portfolios Investors can now invest up to 49 percent of the paid up capital of GSS Infotech under the Portfolio Investment Scheme (PIS).
Apr 20, 2015, 23:07 PM IST
CII backs govt's Rs 40k-cr tax demand from FIIs
"India is not and never will be a tax heaven. You (FIIs and FPIs) want to do business in India, you must meet tax obligations of India... Nothing wrong in it," newly appointed CII President Sumit Mazumder told PTI.
Apr 19, 2015, 15:22 PM IST
CII backs govt's Rs 40k-cr tax demand from FIIs
Finance Minister Arun Jaitley, too, had previously stated that India was not a tax haven and legitimate dues from foreign investors will be pursued.
Apr 19, 2015, 15:04 PM IST
Foreign fund inflows cross Rs 83,000 cr this year
Analysts expect the inflows to accelerate further in view of clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti Avoidance Rules (GAAR).
Apr 19, 2015, 11:56 AM IST
FIIs should go to courts against tax demand: Revenue Secy
"If you are not satisfied with a particular judicial pronouncement, the answer is to go and appeal to a next higher judicial forum," he said.
Apr 17, 2015, 12:41 PM IST
Demand notices on FIIS not retrospective
Government Tuesday rejected suggestions that tax notices to Foreign Institutional Investors (FIIs), which have created a controversy, amounted to retrospective taxation.
Apr 07, 2015, 17:16 PM IST
IRF turnover nears Rs 5 lakh cr-level in FY'15
The cash settled instrument, which was launched in the capital markets in January 2014, had recorded a turnover of Rs 39,944 crore during 2013-14.
Apr 05, 2015, 16:44 PM IST
100 foreign funds get tax demands; total bill may hit $10 bn
Till March 31, close to 100 FIIs got notices from the Tax Department for a controversial Minimum Alternate Tax (MAT) of 20 per cent, while they are now being followed up with Assessment Orders.
Apr 05, 2015, 16:25 PM IST
MF investment in debt market soars to Rs 6 trillion in FY15
Moreover, mutual fund houses are upbeat about overall inflows in equities and debt markets for the current financial year (2015-16) as well.
Apr 03, 2015, 14:12 PM IST
FIIs put in bids worth Rs 2,352 crore for govt bonds
Signalling robust demand for government bonds, an auction of Rs 893 crore worth debt securities saw over two-fold subscription from overseas investors.
Mar 16, 2015, 21:01 PM IST
Overseas inflows hit Rs 72,000 crore so far this year
Overseas investors have pumped in nearly Rs 14,000 crore into the Indian capital markets within a fortnight of this month, taking the total inflow to around Rs 72,000 crore since the beginning of the year.
Mar 15, 2015, 11:26 AM IST
BSE to auction govt bonds worth Rs 893 cr for FIIs on Monday
Leading stock exchange BSE will on Monday auction investment limits for government debt securities worth Rs 893 crore as over 99 per cent of permitted investment levels for overseas investors have been exhausted.
Mar 15, 2015, 11:00 AM IST
Jyoti Ltd approaches Sebi to probe stake purchase by FIIs
Electrical and hydraulic equipment maker Jyoti Ltd has requested capital market watchdog SEBI to initiate probe into two Mauritius-based FIIs acquiring 9.69 percent shares in the company.
Feb 24, 2015, 15:01 PM IST
FIIs pour Rs 10K cr in Indian capital markets in two weeks
The fund inflow this month takes the investment to above Rs 43,000 crore (USD 7 billion) so far in 2015. In January, overseas investors had pumped in Rs 33,688.19 crore in Indian debt and equities.
Feb 15, 2015, 10:50 AM IST
