Budget 2020 Undoes Tax Relief For Certain Foreign Portfolio Investors
Casinos stand along the water in Atlantic City, New Jersey, U.S. (Photographer: Ron Antonelli/Bloomberg)

Budget 2020 Undoes Tax Relief For Certain Foreign Portfolio Investors

Tax relief provided to certain foreign portfolio investors under Budget 2017 has been undone this year. Starting April 2020, Category-II FPIs will be subject to indirect transfer provision of the i...
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