Notices to 68 FIIs to recover Rs 602 cr tax towards MAT: Sinha

Last Updated: Friday, April 24, 2015, 15:25

The Income Tax department has sent notices in 68 cases to Foreign Institutional Investors (FIIs) for payment of dues totalling Rs 608.83 crore towards Minimum Alternate Tax (MAT), Parliament was informed on Friday.

'Foreign investors against arbitrary change in tax policy'

Last Updated: Thursday, April 23, 2015, 19:30

Colin Dyer, the President and CEO of property consultancy firm Jones Lang LaSalle, said foreign investors were against any arbitrary change of policies and taxes with change of government in India.

Govt considering clarificatory amendments to MAT rules: Sinha

Last Updated: Thursday, April 23, 2015, 13:46

The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign investors who have been battling tax demands worth Rs 40,000 crore.

Govt meets FIIs on tax issues, offers DTAA relief to MAT-hit investors

Last Updated: Wednesday, April 22, 2015, 17:42

In a relief to foreign investors slapped with Rs 40,000 crore tax demands, the government Wednesday said such levies would not be applicable to the entities based in countries having double taxation avoidance pacts with India, while others can approach the courts for reprieve.

Govt won't yield to foreign investors' demand for tax waiver

Last Updated: Tuesday, April 21, 2015, 16:33

The government will not yield to the demand of foreign portfolio investors for a tax waiver on capital gains of previous years, a top finance ministry official told reporters on Tuesday.

HCC allots shares worth Rs 400 crore to institutional investors

Last Updated: Friday, April 10, 2015, 16:33

Infrastructure major Hindustan Construction Company Ltd on Friday said it has decided to allot 13.3 crore shares worth about Rs 400 crore to institutional investors.

Demand notices on FIIS not retrospective

Last Updated: Tuesday, April 7, 2015, 17:16

Government Tuesday rejected suggestions that tax notices to Foreign Institutional Investors (FIIs), which have created a controversy, amounted to retrospective taxation.

BlackRock to close or combine some money-market funds: Report

Last Updated: Tuesday, April 7, 2015, 08:41

BlackRock Inc , the world`s largest money manager, will close or consolidate some money-market funds as the company responds to recent regulatory reforms, the Wall Street Journal reported.

Investments via P-Notes hit 7-yr high of Rs 2.72lakh cr in February

Last Updated: Monday, March 23, 2015, 18:03

Investments in Indian markets through participatory notes (P-Notes) surged to the highest level in seven years at Rs 2.72 lakh crore (USD 43.6 billion) in February.

FIIs put in bids worth Rs 2,352 crore for govt bonds

Last Updated: Monday, March 16, 2015, 21:01

Signalling robust demand for government bonds, an auction of Rs 893 crore worth debt securities saw over two-fold subscription from overseas investors.

Foreign inflows into Indian markets: Over Rs 1,000 cr a day

Last Updated: Sunday, March 8, 2015, 12:08

With an average of over Rs 1,000 crore a day, the net foreign fund inflows into Indian capital markets have crossed USD 11 billion (over Rs 68,000 crore) in little over two months so far in 2015.