Tag Archives: FPIs

Excess surcharge paid by FPIs to be adjusted in future tax payments

Foreign portfolio investors (FPIs), who have been paying higher surcharge in the past two months on remittance of gains in the form of advance tax, will pay less going forward. The payment of tax will reduce to the extent of excess surcharge paid by the FPIs in the past, said experts. The higher tax paid would depend on the quantum of ... Read More »

FPIs Infuse Rs 4,100-Cr in Equities in Just 4 Trading Sessions

New Delhi: Overseas investors have pumped in a staggering over Rs 4,100 crore in the Indian equity markets in the last four trading sessions on hopes of rate cut by RBI and positive global cues. However, they pulled out Rs 746 crore from the debt markets during the period under review. Foreign Portfolio Investors (FPIs) have turned net buyers on ... Read More »