FIIs withdraw $7 billion from Asian equities: HSBC

FIIs withdraw $7 billion from Asian equities: HSBC

Foreign institutional investors have pulled out funds worth USD 7 billion from Asian equities in January with India witnessing outflows of USD 1.64 billion, says an HSBC report.

'Deficient returns by Sebi-registered FIIs not defective'

So far this year overseas investors have made a net investment of Rs 18,260 crore in equities and Rs 51,347 crore in debt markets.

Stocks may swing sideways, winter session holds the clue

Markets are likely to remain volatile amid derivatives expiry as parliamentary proceedings will largely dictate trend in the holiday-shortened week ahead, experts say.

Strengthening Rupee, increased foreign inflows swell India's foreign exchange

Strengthening Rupee, increased foreign inflows swell India's foreign exchange

 A Strengthening rupee and increased foreign fund inflows into the equity markets buoyed India's foreign exchange (Forex) kitty by $458 million, experts said on Saturday.

Govt bonds oversubscribed, FIIs put in bids worth Rs 1,566 crore

Government bonds Monday attracted bids of Rs 1,566 crore from foreign investors against Rs 661 crore worth of securities put on offer.

IndusInd Bank up over 2% as RBI allows FIIs to buy shares

RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further shares in the lender.

Govt accepts Shah panel report, says no retrospective tax on FIIs

Govt accepts Shah panel report, says no retrospective tax on FIIs

The government has decided to amend the Income Tax Act to clarify the issue with regard to levy of MAT on FIIs and in the meantime CBDT field officers will be asked not to pursue cases against FIIs.

No retrospective tax on FIIs; govt accepts Shah panel report

In a big relief to FIIs, the government on Tuesday accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.

Govt accepts Shah Panel report, no retrospective tax on FIIs

The government has accepted the Justice A P Shah panel report which recommends non-applicability of Minimum Alternate Tax (MAT) on FIIs, Finance Minister Arun Jaitley said on Tuesday.

Govt bonds over-subscribed; FIIs put in bids worth Rs 987-crore

Government bonds Monday attracted bids of Rs 987 crore from foreign investors against Rs 561 crore worth of securities put on offer.

Govt may soon come out with circular on relief to FIIs on MAT

The Revenue Department may soon come out with a circular on providing relief to FIIs from the minimum alternate tax (MAT) with retrospective effect.

Shah panel's recommendation on MAT positive for market: Sinha

Shah panel's recommendation on MAT positive for market: Sinha

Union Minister of State for Finance Jayant Sinha on Saturday said the A P Shah Committee's recommendation to grant relief to FIIs on Minimum Alternate Tax (MAT) will be a positive for the market.

India may waive retrospective MAT tax on foreign investors

India may waive retrospective MAT tax on foreign investors

Although MAT has been applied to domestic companies to ensure a minimum tax payment, it had never been imposed on foreign institutional investors (FIIs).

Govt bonds over-subscribed; FIIs put in bids worth Rs 974 crore

Government bonds Monday attracted bids of Rs 974 crore from foreign investors against Rs 556 crore worth of securities put on offer.

FIIs trim stake in 41 Nifty stocks

Foreign institutional investors (FIIs) have reduced their exposure in 41 Nifty companies during April-June quarter as they recast their portfolio on account of global cues.

Govt to take action on Shah panel report on MAT soon: FinMin

The government Friday said it will soon take a decision on the Justice A P Shah Committee report on applicability of minimum alternate tax (MAT) on foreign investors, an issue which had riled FIIs.

MAT stand-off: Shah panel submits report to FM

The high-level Justice A P Shah Committee Friday submitted a 66-page report to the government on applicability of minimum alternate tax (MAT) on FIIs, an issue which had riled foreign investors.

FIIs trim stake in 20 Sensex firms in June quarter

Of the 30 Sensex companies, FIIs trimmed stake in 20 stocks while they raised their ownership in remaining 10 firms, an analysis of data available with BSE showed.

Shah panel on MAT may submit report next week: Jaitley

Shah panel on MAT may submit report next week: Jaitley

The high-level Justice A P Shah panel, set up to look into the levy of MAT on FIIs, is likely to submit its report to the Government next week, Finance Minister Arun Jaitley said on Thursday .

Shah panel holds meeting with Tax Dept

Shah panel holds meeting with Tax Dept

The high-level Justice A P Shah panel, set up to look into the levy of MAT on FIIs today held consultations with officials of the tax department.