GAAR to override bilateral tax treaty provisions: Revenue Secy
A day after the revision of bilateral tax treaty with Mauritius, Finance Ministry on Wednesday said GAAR provisions, which are to take effect from April next year, will override the DTAA provisions in case they are abused.
May 11, 2016, 16:43 PM IST
Investment via P-Notes slumps to 16-month low of Rs 2.31 lakh crore
Investment through participatory notes (P-Notes) into India's capital markets has hit a 16-month low of Rs 2.31 lakh crore at the end of January amid weakness in equity markets.
Mar 01, 2016, 15:40 PM IST
Investment via P-Notes slips to Rs 2.54 lakh cr in Nov
The total outstanding value of PNotes witnessed a steady rise since January and the momentum continued till March.
Dec 25, 2015, 14:36 PM IST
Fight against black money: Sebi to discuss P-Notes issue
The Special Investigation Team on Black Money had suggested that Sebi needs to further strengthen its monitoring mechanism to detect instances of the stock market platform being misused for tax evasion.
Aug 23, 2015, 14:56 PM IST
SEBI says ready to revisit P-Notes on SIT suggestions
Market regulator SEBI Thursday said it will look into the suggestions of the Special Investigation Team (SIT) on black money to ensure sufficient checks are in place with respect to overseas investments via P-Notes route.
Aug 06, 2015, 21:52 PM IST
Sebi gets 100 alerts a day; strong surveillance in place: Sinha
Amid concerns over misuse of stock markets for laundering of black money, including through P-Notes, regulator Sebi has said it has a strong surveillance system that generates over 100 alerts a day and all cases of manipulation are being dealt with sternly.
Jul 29, 2015, 19:42 PM IST
No knee-jerk reaction on P-Notes curbs: Jaitley to investors
The comments came as stock markets slumped over 580 points and rupee slid to 64.15 to a dollar as investors saw any government action against P-notes as hurting genuine foreign investments.
Jul 27, 2015, 19:18 PM IST
Sensex tumbles 437 points on P-Note worries, Nifty cracks 8,400
Markets plunged amid fears that the government may accept Supreme Court-appointed, Special Investigation Team (SIT) recommendations of stricter norms for participatory notes (P-notes) on markets, equity brokers said.
Jul 27, 2015, 14:17 PM IST
Govt not to take any steps that will impact investment climate: Arun Jaitley
“It is too early to say what action government will take on SIT recommendations,” Jaitley said. “The government will take view on FSLRC Recos on MPC after receiving feedback.”
Jul 27, 2015, 12:12 PM IST
Govt to hold consultations on P-notes, no decision yet: Revenue Secretary
The Supreme Court-appointed SIT on black money last week recommended a host of measures, including suggesting the securities regulator SEBI to tighten norms related to participatory notes investments into India.
Jul 27, 2015, 11:09 AM IST
Investment via P-notes drops to Rs 2.75 lakh cr in June
Investments through participatory notes (P-Notes) into India's capital market dropped to Rs 2.75 lakh crore (about USD 43 billion) at the end of June, after touching over seven years high in the preceding month.
Jul 22, 2015, 13:40 PM IST
P-Notes cover lost ground, investments race to over 7-year high
Investments through participatory notes (P-Notes) into India's capital market stood at Rs 2.85 lakh crore (about USD 45 billion) at the end of May, the highest level in more than seven years.
Jun 30, 2015, 15:18 PM IST
Investment via P-Notes shrinks to Rs 2.68 lakh crore
Investments into Indian markets through participatory notes (P-Notes) have dropped to Rs 2.68 lakh crore (USD 42 billion) at the end of April, after hitting over 7-year high in the preceding month.
May 18, 2015, 14:22 PM IST
Safeguards in place to check misuse of P-Notes: Sinha
The government on Friday said safeguards have been put in place to prevent misuse of Participatory Notes (P-Notes).
Apr 24, 2015, 19:22 PM IST
Investments via P-Notes hit 7-yr high of Rs 2.72lakh cr in February
Investments in Indian markets through participatory notes (P-Notes) surged to the highest level in seven years at Rs 2.72 lakh crore (USD 43.6 billion) in February.
Mar 23, 2015, 18:03 PM IST
Investments via P-Notes drop to Rs 2.36 lakh crore in Dec
Investment in Indian markets through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, declined to Rs 2.36 lakh crore (USD 38 billion) in December from the preceding month.
Jan 19, 2015, 19:29 PM IST
Bear cartel suspected behind P-Notes bogey; trades under lens
A bear cartel is suspected to have been creating a bogey about regulatory clampdown against P-Notes with an aim to pull down the stock markets to make illicit gains, sources said on Wednesday.
Nov 26, 2014, 14:23 PM IST
Sebi directs foreign investors to comply with P-Note norms
As per the norms put in place by Sebi to check any misuse, only those foreign entities, whose country have signed bilateral MoUs with its counterpart, are eligible for issuance of such instruments.
Nov 24, 2014, 20:24 PM IST
FII investments via P-Notes surges to $43 billion in Oct
Investments into domestic shares through participatory notes (P-Notes) surged to the highest level in more than six-and-half years at Rs 2.65 lakh crore (about USD 43 billion) in October.
Nov 18, 2014, 14:05 PM IST
P-Notes investment rises to Rs 2.11 lakh crore in August
Investments into Indian capital markets through participatory notes (P-Notes) surged to Rs 2.11 lakh crore (over USD 34 billion) last month.
Sep 16, 2014, 15:16 PM IST
