Category: International

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India Reforms Tax Regime for Foreign Portfolio Investors

February 20, 2014

  On January 7, 2014, the Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014. These regulations created a new class of Foreign Portfolio Investors (FPIs) and amended certain key rules and procedures applicable to foreign investors. On January 22, 2014, the Central Board of Direct Taxes (CBDT) announced that…

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