Last Updated: Monday, September 7, 2015, 12:10
RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further shares in the lender.
Last Updated: Tuesday, September 1, 2015, 22:56
The government has decided to amend the Income Tax Act to clarify the issue with regard to levy of MAT on FIIs and in the meantime CBDT field officers will be asked not to pursue cases against FIIs.
Last Updated: Tuesday, September 1, 2015, 20:21
In a big relief to FIIs, the government on Tuesday accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.
Last Updated: Tuesday, September 1, 2015, 20:03
The government has accepted the Justice A P Shah panel report which recommends non-applicability of Minimum Alternate Tax (MAT) on FIIs, Finance Minister Arun Jaitley said on Tuesday.
Last Updated: Monday, August 31, 2015, 21:32
Government bonds Monday attracted bids of Rs 987 crore from foreign investors against Rs 561 crore worth of securities put on offer.
Last Updated: Monday, August 24, 2015, 22:25
The Revenue Department may soon come out with a circular on providing relief to FIIs from the minimum alternate tax (MAT) with retrospective effect.
Last Updated: Saturday, August 22, 2015, 16:13
Union Minister of State for Finance Jayant Sinha on Saturday said the A P Shah Committee's recommendation to grant relief to FIIs on Minimum Alternate Tax (MAT) will be a positive for the market.
Last Updated: Saturday, August 22, 2015, 12:20
Although MAT has been applied to domestic companies to ensure a minimum tax payment, it had never been imposed on foreign institutional investors (FIIs).
Last Updated: Monday, August 10, 2015, 20:28
Government bonds Monday attracted bids of Rs 974 crore from foreign investors against Rs 556 crore worth of securities put on offer.
Last Updated: Thursday, August 6, 2015, 23:18
Foreign institutional investors (FIIs) have reduced their exposure in 41 Nifty companies during April-June quarter as they recast their portfolio on account of global cues.
Last Updated: Friday, July 24, 2015, 23:03
The government Friday said it will soon take a decision on the Justice A P Shah Committee report on applicability of minimum alternate tax (MAT) on foreign investors, an issue which had riled FIIs.
Last Updated: Friday, July 24, 2015, 22:18
The high-level Justice A P Shah Committee Friday submitted a 66-page report to the government on applicability of minimum alternate tax (MAT) on FIIs, an issue which had riled foreign investors.
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