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Business News: Fresh tax notices to FPIs over capital gains

Fresh tax notices to FPIs over capital gains : Rashtra News The I-T department has asked multiple foreign portfolio investors (FPIs) to cough up more taxes on their capital gains after denying set-off and tax treaty benefits, people aware of the development said. The notices were issued by the Centralised Processing Centre (CPC) of the ....

Sameer Gupta , Rajeshh Gandhi , Processing Centre , Centralised Processing Centre , Income Tax , Capital Gains , Income Tax Officials , Long Term Capital Gains ,

Mauritius issue begins to haunt foreign investors as FPIs pull out nearly $1 billion from Indian stocks

India and Mauritius have agreed to a protocol to alter a double taxation avoidance agreement (DTAA) stating that tax relief cannot be for the indirect benefit of residents of another country. As a result, all FPIs will have to examine whether they have enough commercial rationale to be based in Mauritius when the tax scrutiny happens. ....

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Indian Stock Market Sees Rise At Opening Bell Following Slight Profit Booking In Previous Session

On Thursday, Indian stock markets will remain closed for Eid Celebrations.
- Newsx ....

Santosh Meena , Prashanth Tapse , Investment Strategist At Geojit Financial Services , Senior Vp Research At Mehta Equities Ltd , National Securities Depository Limited , Head Of Research At Swastika Investmart Ltd , Reserve Bank , Mehta Equities , Chief Investment Strategist , Geojit Financial Services , Swastika Investmart Ltd , Indian Stock Market ,

Bulls on parade on Dalal Street

India s market cap hit ₹400 lakh crore and Sensex reached 75,000, breaching psychological barriers. Notable are the ₹100 lakh crore added in value within a year, domestic investors driving small- and mid caps, and regulators flagging frothy territory. Foreign portfolio investors turned net sellers in April, contrasting FPI caution with Indian investors bullishness. ....

Indias Market Capitalisation , Dalal Street , Indian Stock Market , Indian Equities ,

Before Market Opens: 9 essential things to know at 9 am on April 2, 2024

Before Market Opens: Indian markets are likely to extend gains on Tuesday following gains in Asian peers even though Wall Street ended lower in overnight deals. Meanwhile, Gift Nifty was trading 59 points higher. Let s take a look at some key cues before the market opens today: ....

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