Prime Minister Office (PMO) and finance ministry’s top bureaucrats on Thursday held discussions over the suggestions and submissions by foreign portfolio investors (FPIs) regarding the surcharge issue, sources told ET NOW on Friday. The sources said that the PMO took stock of tax surcharge and its impact of the stock market and FPIs. FPIs have sought roll back of surcharge, as a confidence boosting signal from the Modi government. According to ET NOW, FPIs through law firms have conveyed to the finance ministry that it is impractical to convert trusts into companies. Sources say that PMO may tweak if not rollback surcharge.
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Watch FPI surcharge: PMO steps in to get Dalal Street out of the rut With HD Quality.
Prime Minister Office (PMO) and finance ministry’s top bureaucrats on Thursday held discussions over the suggestions and submissions by foreign portfolio investors (FPIs) regarding the surcharge issue, sources told ET NOW on Friday. The sources said that the PMO took stock of tax surcharge and its impact of the stock market and FPIs. FPIs have sought roll back of surcharge, as a confidence boosting signal from the Modi government. According to ET NOW, FPIs through law firms have conveyed to the finance ministry that it is impractical to convert trusts into companies. Sources say that PMO may tweak if not rollback surcharge.
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Watch FPI surcharge: PMO steps in to get Dalal Street out of the rut With HD Quality
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CEA Subramanian Kri speaks out on Surcharge tax. He urges market participants to look at long-term impact of budget announcements. Listen in!
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INDIAN Amazing talent Street Food - STREET FOOD 2016 - Indian street Food Cooking.
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Sejak Senin (28/12) siang, ratusan pelayat sudah mulai memadati rumah duka pendakwah kondang Habib Salim Alatas atau Habib Selon. Habib Selon wafat di usia 46 tahun akibat penyakit jantung yang dideritanya.
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Wakil Presiden Jusuf Kalla menyebut tuntutan Front Pembela Islam (FPI) untuk mengakui bendera yang dibakar di Garut saat peringatan hari santri beberapa waktu lalu sebagai bendera Tauhid adalah tidak perlu. Pemerintah tidak pernah membuat peraturan terkait bendera seperti bendera hitam bertuliskan Tauhid.
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Sebi on Wednesday approved several recommendations made by the HR Khan Committee to simplify and rationalise the existing regulatory framework for foreign portfolio investors (FPIs) by easing operational constraints and compliance requirements.
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