தகுதி வெளிநாட்டு முதலீட்டாளர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
The Transformation of Saudi Arabia s Stock Exchange Offers Compelling Opportunities for Investors
institutionalinvestor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from institutionalinvestor.com Daily Mail and Mail on Sunday newspapers.
China: a long-term opportunity that requires vision, patience and local partnerships
funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.
BNP Paribas gets China nod for custodian services | Asia Asset Management
asiaasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaasset.com Daily Mail and Mail on Sunday newspapers.
FPIs continue to pull out investments from the Indian equities
2 hours ago Picture used for illustrative purpose. Foreign portfolio investors (FPI) continue to pull out investments from the Indian equities amid the severe COVID-19 crisis and the lockdowns across states.
So far in May, FPIs have pulled out a net investment of Rs6,427 crore from the equities segment, showed NSDL data.
The subdued investor sentiments come on the back of the deepened Covid crisis in the country. The lockdowns and restrictions across states also have weakened the prospects of economic recovery, analysts said.
The selling in May continues after FPIs withdrew net investments of Rs9,659 crore in April. The bearish trend last month came after incessant buying in the preceding six months.
The Income Tax department on Wednesday said that concessional rate of tax of 5 per cent shall continue for certain interest income of foreign portfolio investors. Clarifying on reports which said that concessional withholding tax rate of 5 per cent on interest income of FPIs has been withdrawn, the Central Board of Direct Taxes (CBDT) said there is no change in the rate of tax chargeable. It is hereby clarified that there is no change in the said provision even after amendment of section 115AD vide Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 and the concessional rate of tax of 5% shall continue to be applicable for interest income referred to in section 194LD of the Act, the CBDT said in a statement.