CBDT asks officials not to pursue pending MAT cases

Last Updated: Thursday, September 3, 2015, 12:43

Days after the government decided to exempt foreign funds from tax on profits earned before April 1, the CBDT on Thursday issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand.

Fitch warns of foreign funds exodus over retro tax

Last Updated: Saturday, May 9, 2015, 13:47

The data furnished by the National Securities Depository Limited (NSDL) showed that FPIs pumped-in only Rs 18.77 crore or USD 3.01 million into primary and other markets for the week under review.

Foreign funds dumped stocks, bond worth $630 million on Wednesday

Last Updated: Thursday, May 7, 2015, 16:19

Foreign investors sold around USD 630 million in Indian shares and bonds on Wednesday, marking the biggest single-day sales since January 2014.

'Govt plans to sell road projects worth Rs 1L cr to foreign funds'

Last Updated: Wednesday, April 22, 2015, 16:16

The government plans to sell highways projects worth Rs 1 lakh crore to foreign pension and insurance funds to attract overseas investments into the sector, Union Minister Nitin Gadkari said on Wednesday.

Foreign fund inflows cross Rs 83,000 cr this year

Last Updated: Sunday, April 19, 2015, 11:56

Analysts expect the inflows to accelerate further in view of clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti Avoidance Rules (GAAR).

100 foreign funds get tax demands; total bill may hit $10 bn

Last Updated: Sunday, April 5, 2015, 16:25

Till March 31, close to 100 FIIs got notices from the Tax Department for a controversial Minimum Alternate Tax (MAT) of 20 per cent, while they are now being followed up with Assessment Orders.

Govt seeks foreign funds for infra projects worth over $75 bn

Last Updated: Tuesday, February 24, 2015, 22:09

Government is seeking overseas investment for infrastructure projects worth over USD 75 billion in sectors like power, roads and railways over the next few years.

Indians can invest up to $2,50,000 annually overseas

Last Updated: Tuesday, February 3, 2015, 12:42

Encouraged by foreign exchange reserves touching record levels, the Reserve Bank on Tuesday doubled the annual overseas investment ceiling for individuals to USD 2,50,000.

Cuba to freeze foreign funds linked to al Qaeda, Taliban

Last Updated: Saturday, January 25, 2014, 03:35

The Cuban government adopted legislation to immediately freeze funds from foreign banks linked to terror groups, including al Qaeda and the Taliban, officials said Friday.

Home Ministry to inspect accounts of AAP on foreign funding

Last Updated: Thursday, December 26, 2013, 16:12

The Home Ministry will soon inspect the books of accounts of Aam Aadmi Party in connection with alleged illegal foreign funding to it.

Andhashraddha Nirmulan Samiti received foreign funds: Sena

Last Updated: Wednesday, December 11, 2013, 20:08

Senior Shiv Sena leader Ramdas Kadam said here on Wednesday that the Maharashtra government had no moral right to pass the Anti-Superstition Bill.

FIIs pump in record Rs 1.4 lakh cr in Indian equities in FY'13

Last Updated: Monday, April 1, 2013, 14:39

Foreign Institutional Investors have poured in a record Rs 1.4 lakh crore (USD 26 billion) in the Indian stock market in FY 2012-13, the highest ever since overseas entities started investing in the country.