Home / India News / Top Headlines: FPIs cut stake in BSE firms, pharma eyes $400 bn turnover

Top Headlines: FPIs cut stake in BSE firms, pharma eyes $400 bn turnover

The Centre's recent move to impose GST on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled FPIs

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3 min read Last Updated : Aug 10 2022 | 8:43 AM IST

The Centre’s recent move to impose GST on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled foreign portfolio investors (FPIs). They fear the decision could result in GST on “export of services”, which is currently a zero-rated supply. Read more in our morning top headlines.

Tax conundrum: FPIs uneasy after 18% GST on regulatory services

The Centre’s recent move to impose Goods and Services Tax (GST) on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled foreign portfolio investors (FPIs). They fear the decision could result in

Topics : SEBI Coronavirus Reserve Bank of India Foreign Portfolio Investors GST BSE International Monetary Fund Pharma industry Pharma sector Regional Rural Banks public sector banks Indian Banks Association

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