Apr 24, 2015 at 15:09 | Source: PTI
Following a court ruling, the Income Tax department had slapped notices on foreign portfolio investors (FPIs), saying they have to pay 20 percent MAT on untaxed capital gains made by them over the past three years.
Apr 22, 2015 at 13:45 | Source: CNBC-TV18
In an interview to CNBC-TV18, Anish Thacker Partner-Tax & Regulatory Services, Ernst & Young, simplifies the tax talk.
Apr 22, 2015 at 11:45 | Source: Moneycontrol.com
Shares of Kotak Mahindra Bank (KMBL) fell 3 percent intraday on Wednesday as RBI said foreign institutional investors cannot buy more shares of the private sector lender henceforth.
Apr 20, 2015 at 08:11 | Source: Moneycontrol.com
Foreign institutional investors (FIIs) also sold about Rs 600 crore, big delivery base selling in Lupin, in Tata Consultancy Services (TCS), even in some of the banks. So pillars of this market not doing too well, earnings are okay but the market is not rewarding good earnings but market is punishing bad earning.
Apr 18, 2015 at 10:36 | Source: PTI
As foreign investors lobby hard against Rs 40,000 crore tax demand slapped on them, Finance Minister Arun Jaitley said it is difficult for the government to intervene as they have lost the case before the Appellate.
Apr 17, 2015 at 20:58 | Source: CNBC-TV18
The government could provide some relief to foreign institutional investors (FIIs) over tax demands. The centre is seeking nearly Rs 40,000 crore from FIIs by levying minimum alternate tax (MAT) on capital gains they made over the years till March 31.
Apr 17, 2015 at 13:07 | Source: PTI
Revenue Secy said that FIIs should look at courts to appeal against the tax rather than seek retrospective waiver.
Apr 17, 2015 at 08:18 | Source: Moneycontrol.com
Foreign institutional investors (FIIs) sold in cash market and in the Nifty futures, though they did buy some of the call option. So it is all over the place, this is the market, which over the next few days will move 300-400 points on the Nifty easy.
Apr 16, 2015 at 18:16 | Source: CNBC-TV18
Government is at loggerheads with a clutch of foreign investors over levying the minimum alternate tax (MAT). The Centre in the Budget had given MAT exemption prospectively. And speaking to CNBC-TV18s Sapna Das, Revenue Secretary Shaktikanta Das made it clear that FIIs cannot expect retrospective exemption.
Apr 16, 2015 at 10:47 | Source: Moneycontrol.com
Shares of Eicher Motors gained 3 percent intraday Thursday after the RBI yesterday said FIIs/RFPIs can now invest up to 49 percent under PIS in company.