Page 12 - Latest Updates on FPI
Diwali comes early for companies as FM offers tax cuts to lift up economy
The measures are to boost investment and manufacturing under the Make in India initiative
 "Diwali comes early for companies as FM offers tax cuts to lift up economy")
Govt's surcharge rollback fails to curb FPI selling spree, say experts
Experts say concerns about a slowdown in the domestic economy, combined with fears of a global recession, have eclipsed the move to withdraw the surcharge
 "Govt's surcharge rollback fails to curb FPI selling spree, say experts")
FPI surcharge removal, stimulus measures likely to boost markets: Experts
Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the Budget
 "FPI surcharge removal, stimulus measures likely to boost markets: Experts")
Surcharge hike for FPIs on capital gains in equities, derivatives withdrawn
The tax payable at normal rate on business income arising from the transfer of derivatives to a person other than FPI shall be liable for the enhanced surcharge
 "Surcharge hike for FPIs on capital gains in equities, derivatives withdrawn")
Surcharge rollback to capital for PSBs, FM announces steps to boost economy
The Rs 70,000-crore recapitalisation announced in the Budget will be sped up
 "Surcharge rollback to capital for PSBs, FM announces steps to boost economy")
Analysts expect FPI selling to reverse; see a market rally on Monday
In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains
 "Analysts expect FPI selling to reverse; see a market rally on Monday")
Big relief for market as govt withdraws FPI surcharge: 15 key announcements
Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market
 "Big relief for market as govt withdraws FPI surcharge: 15 key announcements")
LIVE: Govt gives FPI relief, makes loans cheaper, revs up auto sector
FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here
 "LIVE: Govt gives FPI relief, makes loans cheaper, revs up auto sector")
From simplified KYC process to re-categorisation, Sebi eases norms for FPIs
FPI regulations have been redrafted based on the recommendation of a committee headed by former RBI deputy governor H R Khan
 "From simplified KYC process to re-categorisation, Sebi eases norms for FPIs")
Govt may soon take a decision on tweaking FPI surcharge proposal
FM Sitharaman meets representatives of MFs, investment banks, FPIs
 "Govt may soon take a decision on tweaking FPI surcharge proposal")
Foreign investors snap 5-month buying streak, pull out Rs 3,758 cr in July
Foreign investors reverse 5-month buying trend, pull out Rs 3,758
 "Foreign investors snap 5-month buying streak, pull out Rs 3,758 cr in July")
FPIs get no relief from FM Nirmala Sitharaman on 'super-rich' tax
An increase in the effective tax rate will affect only high net-worth individuals, and according to government policy they should contribute more to nation building, the finance minister said
 "FPIs get no relief from FM Nirmala Sitharaman on 'super-rich' tax")
Budget impact: Surcharge hike likely to hit global passive funds
Globally, index funds and ETFs are popular because of the low management fees
 "Budget impact: Surcharge hike likely to hit global passive funds")
Sebi likely to examine surcharge impact on foreign portfolio investors
This means that the effective taxation on long-term capital gains for FPIs has risen to a maximum of 14.25 per cent
No targeting of FPIs; higher tax on all super-rich: Finance Ministry
Sitharaman had in the Budget proposed to increase the surcharge, charged on top of the applicable income tax rate for the super-rich
No clarification over FPI surcharge needed at present, says FM Sitharaman
There is no apparent basis to tax FPIs organised in different legal forms
No need to clarify higher tax on FPIs due to surcharges: Nirmala Sitharaman
The government on Friday raised income tax surcharge on people with an annual income of more than 20 million Indian rupees
Govt to soon issue clarification on applicability of surcharge on FPIs
There are concerns that the increased surcharge on super-rich could also affect foreign funds investing in India
FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in May
Interestingly, foreign investors were net sellers for the first three weeks of May, but the tide turned just ahead of the announcement of election results.
 "FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in May")
From investment cap to pension funds, Sebi moots changes to FPI rules
The panel has also proposed that sovereign wealth funds should be exempted from investment caps
 "From investment cap to pension funds, Sebi moots changes to FPI rules")
