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NRIs yet to fully warm up to GIFT City's higher FPI limits

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio......

FPIs seek six more months from FinMin to comply with PMLA tweaks

Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA),......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

Lenders retain AIF holdings even as RBI deadline nears

Alternative investment funds (AIFs) have not seen any significant redemptions from financial institutions even though the 30-day timeline provided by the Reserve Bank of India (RBI) to liquidate......

Will the new direct taxes code hurt India Inc?

The proposal to levy a minimum tax based on assets undoes most of the good that the code seeks to do and will discourage capital-intensive industries. Bijal AjinkyaPartner and Head Tax Practice......

Nishith Desai Associates

News for Nishith Desai Associates

NRIs yet to fully warm up to GIFT City's higher FPI limits

FPIs seek six more months from FinMin to comply with PMLA tweaks

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Lenders retain AIF holdings even as RBI deadline nears

Will the new direct taxes code hurt India Inc?

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