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P Notes

Participatory notes are regulated under the law: HC

Delhi High Court Thursday said that Participatory Notes (P-Notes) are not illegal and were regulated under the law.

Sep 17, 2015, 17:41 PM IST

No intention of banning P-Notes overnight: Rev Secy

Clearing the air on P-Notes, Revenue Secretary Shaktikanta Das Thursday said the government has no intention of banning these financial instruments overnight and it is examining how to improve the disclosures.

Aug 20, 2015, 19:30 PM IST

Don't fear knee-jerk reaction on P-Note curbs: FM to investors

Participatory Notes (P-Notes) are used by large number of foreign investors to invest in equity markets without disclosing their identity to the market regulator Sebi.

Jul 27, 2015, 15:11 PM IST

SIT suggests host of tough measures to check black money

Seeking a tight rein on black money, the Supreme Court-appointed SIT Friday recommended enacting tough laws to curb betting in cricket, bring donations to education and religious bodies under tax net, monitoring unusual rise in stock prices and regulating P-Notes.

Jul 24, 2015, 23:29 PM IST

SIT asks SEBI to clamp down on tax evaders, P-Note misuse

Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator SEBI to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also prosecute those using equities for tax evasion.

Jul 24, 2015, 22:25 PM IST

Participatory Notes being used to route black money: Govt

The government Monday said Participatory Notes, an instrument for overseas entities to invest in Indian stock market, is being used by Indian citizens to re-invest black money in the country.

May 21, 2012, 21:54 PM IST