Natco Pharma mulls hiking FII limit, looks to raise funds

Last Updated: Tuesday, May 12, 2015, 13:48

Natco Pharma plans to increase the limit of foreign institutional investors (FIIs) to 49 percent as it looks to raise more funds through issuing shares or convertible securities.

Breather for FIIs: MAT assessments, fresh notices put on hold

Last Updated: Monday, May 11, 2015, 17:09

To assuage concerns of foreign portfolio investors slapped with MAT demand, the government Monday put on hold issuance of fresh notices and any further assessments on levy of this tax on such entities.

Institutional investors need to participate in investee cos' governance

Last Updated: Wednesday, May 6, 2015, 20:38

To improve business practices at listed companies, markets regulator Sebi's international advisory board has suggested a new code to enable institutional shareholders to participate in the governance of the investee firms.

FII stake value in NSE cos hits 6-year high at Rs 19.32 lakh cr

Last Updated: Tuesday, May 5, 2015, 16:41

Valuation of foreign institutional investors' holdings in NSE-listed companies hit a six-year high at Rs 19.32 lakh crore in the January-March quarter, as per data collected by Prime Database.

Five FPIs challenge MAT before Bombay HC; hearing on May 6

Last Updated: Thursday, April 30, 2015, 19:37

Five foreign portfolio investors (FPIs) from the US and the UK today moved the Bombay High Court challenging the Income Tax department's demand for Minimum Alternate Tax (MAT) on the profit earned from trading in stocks and bonds.

FM exempts foreign investors from MAT; simple ITR on way

Last Updated: Thursday, April 30, 2015, 19:14

Finance Bill was passed by voice vote, bringing to close the three-stage budget process in the House.

FM provides some relief to foreign investors from MAT

Last Updated: Thursday, April 30, 2015, 18:56

In a minor relief to foreign investors, Finance Minister Arun Jaitley on Thursday said capital gains made by them will be exempt from Minimum Alternate Tax (MAT), but did not provide relief for past liabilities.

FIIs to be exempt from MAT but no retrospective relief: Arun Jaitley

Last Updated: Thursday, April 30, 2015, 18:05

Seeking to contain the adverse fall out of minimum alternate tax (MAT) levy on foreign investors, Finance Minister Arun Jaitley on Thursday said that foreign institutional investors (FIIs) will be exempt from it however there will be no retrospective relief.

Foreign holding in Kaveri Seed reached trigger limit: RBI

Last Updated: Monday, April 27, 2015, 20:38

The Reserve Bank Monday said foreign shareholding in Kaveri Seed has reached the trigger limit and further equity buys in the company is allowed only after permission.

CBDT to settle foreign funds' claims within a month

Last Updated: Monday, April 27, 2015, 19:06

The Income Tax department has directed its officers that cases of foreign institutional investors (FIIs) seeking tax exmption under the Double Taxation Avoidance Agreements (DTAAs) with other countries must be decided within a month of claim filing.

CBDT to settle FII tax claims under DTAAs in a month

Last Updated: Friday, April 24, 2015, 23:08

Seeking to quickly resolve the controversial tax issue facing foreign portfolio investors, the CBDT on Friday said all claims coming under the ambit of DTAAs will be settled within a month of being filed.