FPIs seek review of taxes faced by them, say some face double taxation
Foreign investors are urging a review of India’s tax policies, particularly capital gains, citing high trading costs and potential double taxation. They argue that the reintroduction of long-term capital gains tax, coupled with difficulties in claiming foreign tax credits, makes India less attractive. Concerns also include computation issues and refund delays, contributing to significant FPI outflows.🕒 1 min read
Foreign investors are urging a review of India’s tax policies, particularly capital gains, citing high trading costs and potential double taxation. They argue that the reintroduction of long-term capital gains tax, coupled with difficulties in claiming foreign tax credits, makes India less attractive. Concerns also include computation issues and refund delays, contributing to significant FPI outflows.
Continue Reading
- Watch: Video Shows How Jaggery Is Made In A Factory From Scratch
-
“Some Were Stopped”: In PM’s Op Sindoor Speech, A Shashi Tharoor Dig At Congress
- Amid Layoffs In US, Nvidia To Hire H-1B Talent, Salary Up To Rs 4.64 Crore
-
TikTok’s return: Video app will switch to US-controlled ownership; ‘terms have been agreed,’ says Bessant
- Trump’s new attack on US Federal Reserve revives ‘Sell America’ trade – why stock market strategists are worried about deeper selloff
- Casino Kudos: Grandes premios y bonos activos en Ofertas Exclusivas
- Evidence Suggests Deadly Blast At Iranian School Was Likely A US Airstrike
- 8 Journalists, YouTubers Sentenced To Life By Pakistan Anti-Terror Court
-
Wasim Jaffer Trolls England, Michael Vaughan With “Spirit Of Cricket” Jibe
-
“Go Back To India”: Restaurant Owner Ordered To Leave Japan After 30 Years