News for 'Shradul Amarchand Mangaldas'

How FPIs are avoiding taxes on gains from non-convertible debentures

Rediff.com4 Jan 2018

Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.

Foreign portfolio investors seek relief from LTCG tax

Rediff.com3 Feb 2018

'The introduction of a tax on LTCG will be a deterrent for foreign investors and could potentially result in a movement of trading activity away from India to other offshore jurisdictions such as Singapore, which offer better tax rates and sophisticated financial products.'