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FPIs pull out around Rs 17,000-cr in two weeks on MAT worries

Last Updated: Sunday, May 17, 2015, 12:03

Overseas investors have pulled out nearly Rs 17,000 crore from the Indian capital markets in the first two weeks of the month amid continued taxation worries.

High level panel on tax issues to have independent members: FM

Last Updated: Wednesday, May 13, 2015, 22:47

Finance Minister Arun Jaitley Wednesday said the high level panel looking into the issue of MAT demand raised on foreign investors will consist of independent people so as to ensure non-adversarial tax regime.

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.

Tax dept not to take coercive action against FIIs on MAT dues

Last Updated: Friday, May 8, 2015, 19:55

A day after the government announced setting up a high-level panel under Law Commission Chairman A P Shah, the Finance Ministry has decided not to adopt coercive methods for recovery of MAT dues from foreign investors.

MAT row may lead FPIs to think twice before investing: Fitch

Last Updated: Friday, May 8, 2015, 18:57

Expressing concerns over Foreign Portfolio Investors facing MAT demand, global rating agency Fitch on Friday said the controversy may prompt FPIs to think twice before investing in India.

High level panel to look into MAT on FIIs

Last Updated: Friday, May 8, 2015, 00:10

The high level committee, announced by Finance Minister Arun Jaitley on Thursday, would give its first recommendations on the issue of imposition of MAT on foreign investors, Finance Ministry said today.

High level committee to look into MAT issue: Jaitley

Last Updated: Thursday, May 7, 2015, 21:58

Arun Jaitley announced that a high-level committee will look into the controversial issue of payment of Minimum Alternate Tax (MAT) by FIIs.

Stocks crash, rupee weakens on capital outflows

Last Updated: Wednesday, May 6, 2015, 19:25

Reflecting the free-fall in the stocks, the benchmark Sensex crashed below the psychological 27,000-level by tanking 722.77 points to 26,717.37.

Govt to study HC stay order on MAT levy on FIIs

Last Updated: Tuesday, May 5, 2015, 22:33

With a foreign fund house getting a court stay on the controversial MAT levy, the tax department Tuesday said it will study the Bombay High Court order before taking a view on the matter.

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.

Govt should have clarified on past MAT dues on FIIs: Experts

Last Updated: Friday, May 1, 2015, 17:28

Finance Minister Arun Jaitley's announcement of MAT exemption on certain incomes of foreign firms was a relief but the government should have clarified on the tax treaty benefits for past dues, tax experts said on Friday.