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FPI quote : Risk-based classification is proposed in the consultation paper released by SEBI last week Manoj Purohit, BDO India Below Quote FPI quote By Manoj Purohit, Partner & Leader – Financial Services Tax, BDO India   “The recent anticipated proposal by SEBI to make disclosure norms more stringent for FPIs has reignited the discussion on India’s stand on promulgating ease of doing business for foreign investors. Risk-based classification is proposed in the consultation paper released by SEBI last week. FPIs holding more than 50% of their equity AUM in a single corpo...
FPI quote : Risk-based classification is proposed in the consultation paper released by SEBI last week Manoj Purohit, BDO India
FPI quote : Risk-based classification is proposed in the consultation paper released by SEBI last week Manoj Purohit, BDO India
Source: PR Agency
10/06/2023 9:23:21 AM
The investor will have to pay tax on the difference between the sale consideration and the adjusted cost of the units as per the prescribed formula Says Manoj Purohit ,BDO India Below Quote On Pre Budget Corporate Tax By Manoj Purohit, Partner & Leader – Financial Services Tax, BDO India "The tax proposal on certain distributions by REITs/INVITs and their mandatory characterisation as ‘Income from Other Sources' proposed in the Finance Bill 2023 has been one of the key tax proposals which has led to intended consequences such as denial of tax treaty benefits on capital gains in the case of certain non-resident investors.&nbs...
The investor will have to pay tax on the difference between the sale consideration and the adjusted cost of the units as per the prescribed formula Says Manoj Purohit ,BDO India
The investor will have to pay tax on the difference between the sale consideration and the adjusted cost of the units as per the prescribed formula Says Manoj Purohit ,BDO India
Source: PR Agency
27/03/2023 3:59:20 PM
Largely on the BFSI front the announcements made are clarificatory Says Manoj Purohit, BDO India Below is on Overall Budget Impact On BFSI By Manoj Purohit, Partner & Leader – Financial Services Tax, BDO India. Laying down the foundation for the next decade when India enters Amrit kaal i.e., 75 years of independence, the foremost priority for the Government was to infuse the economy with substantial CAPEX which will not only accelerate demand and supply chain but also create a destination for foreign investments. Though the Economic Survey ...
Largely on the BFSI front the announcements made are clarificatory Says Manoj Purohit, BDO India
Largely on the BFSI front the announcements made are clarificatory Says Manoj Purohit, BDO India
Source: PR Agency
2/02/2023 6:46:02 PM
Quote on FPI foreign investors are still preferring the FPI route for their investment By Manoj Purohit, BDO India Below is quote on FPI By Manoj Purohit, Partner & Leader – Financial Services Tax, BDO India. ‘Though recently there has been some net outflow in terms of FPI investment, foreign investors are still preferring the FPI route for their investments as India continues to be a preferred investment destination in terms of overall growth and stability. There has been overall development in the capital market like the stock exchanges moving to T+1 settlement, SEBI introducing inf...
Quote on FPI foreign investors are still preferring the FPI route for their investment By Manoj Purohit, BDO India
Quote on FPI foreign investors are still preferring the FPI route for their investment By Manoj Purohit, BDO India
Source: PR Agency
30/01/2023 11:20:07 AM
Quote on Pre Budget Corporate Tax: There is high demand to have a relook at the corporate tax rates Says Manoj Purohit ,BDO India Below Quote On Pre Budget Corporate Tax By Manoj Purohit, Partner & Leader – Financial Services Tax, BDO India There is high demand to have a relook at the corporate tax rates applicable to Foreign Banks. Currently, Foreign bank branches are subject to tax @ 43.68% (including surcharge and cess) under the Indian tax laws. The Government has already reduced the corporate tax rate for domestic companies from 30 % to 22% (plus applicable surcharge and cess) w.e.f. FY 2019-...
Quote on Pre Budget Corporate Tax: There is high demand to have a relook at the corporate tax rates Says Manoj Purohit ,BDO India
Quote on Pre Budget Corporate Tax: There is high demand to have a relook at the corporate tax rates Says Manoj Purohit ,BDO India
Source: PR Agency
27/01/2023 4:04:42 PM
Quote on FPI: With the slowing down on hiking of rates Says Manoj Purohit ,BDO India Below Quote On FPI By Manoj Purohit, Partner & Leader – Financial Services Tax, BDO India “Foreign Portfolio Investors (FPIs) continue to be bullish on India Markets in comparison to the other Emerging and Developed Markets. The testimonial to this is the consistent buying trend seen since October 2022. So far, FPIs have infused more than INR 30,000 crore in equities as per recent data. The Indian equity market has managed to attract foreign investors and the credit go...
Quote on FPI: With the slowing down on hiking of rates Says Manoj Purohit ,BDO India
Quote on FPI: With the slowing down on hiking of rates Says Manoj Purohit ,BDO India
Source: PR Agency
28/11/2022 12:05:05 PM