P-note maturities should be exempt from GAAR: Assocham
The General Anti-Avoidance Rules (GAAR) should not apply to a foreign portfolio investor (FPI) on redemption and maturity of participatory notes, industry body Assocham said Wednesday.
Jul 13, 2016, 17:35 PM ISTDon't fear knee-jerk reaction on P-Note curbs: FM to investors
Participatory Notes (P-Notes) are used by large number of foreign investors to invest in equity markets without disclosing their identity to the market regulator Sebi.
Jul 27, 2015, 15:11 PM IST