The General Anti-Avoidance Rule (GAAR) provisions continue to remain in the limelight as well as the clarifications being sought on the Vodafone tax avoidance case.
Arjuna Mahendran, managing director, head investment strategy Asia, HSBC Private Bank says when offshore investors look at Indian equities, they actually want to own the underlying scrips. These new provisions raise issues about whether the participatory notes scheme will persist going ahead. The broad perspective on the global economy is you canDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
