Deprecated (16384)CORE/src/Core/functions.php , line 311 ]Code Context
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Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98 Deprecated (16384)CORE/src/Core/functions.php , line 311 ]Code Context
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<title>
LATEST NEWS UPDATES | Govt withdraws super-rich surcharge on foreign, domestic equity investors </title>
<meta name="description" content="
-PTI
NEW DELHI: Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth.
"In order..."/>
<meta name="keywords" content="Foreign Portfolio Investment,FPI"/>
<meta name="news_keywords" content="Foreign Portfolio Investment,FPI">
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media="all">
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<h1 class="cat-box-title">Govt withdraws super-rich surcharge on foreign, domestic equity investors</h1>
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<div align="justify">-PTI<br /><br /><em>NEW DELHI: </em>Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth.<br /><br />"In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the transfer of equity shares/units," finance minister Nirmala Sitharaman told reporters here. <br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms" title="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms">click here</a> to read more. <br /></div>
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<br><a href="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms" class="re" target="_blank">The Times of India, 23 August, 2019, https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms</a><div class="clear"></div>
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<h1 class="cat-box-title">Govt withdraws super-rich surcharge on foreign, domestic equity investors</h1>
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<div align="justify">-PTI<br /><br /><em>NEW DELHI: </em>Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth.<br /><br />"In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the transfer of equity shares/units," finance minister Nirmala Sitharaman told reporters here. <br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms" title="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms">click here</a> to read more. <br /></div>
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<br><a href="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms" class="re" target="_blank">The Times of India, 23 August, 2019, https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms</a><div class="clear"></div>
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LATEST NEWS UPDATES | Govt withdraws super-rich surcharge on foreign, domestic equity investors </title>
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<h1 class="cat-box-title">Govt withdraws super-rich surcharge on foreign, domestic equity investors</h1>
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<div align="justify">-PTI<br /><br /><em>NEW DELHI: </em>Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth.<br /><br />"In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the transfer of equity shares/units," finance minister Nirmala Sitharaman told reporters here. <br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms" title="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms">click here</a> to read more. <br /></div>
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<br><a href="https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms" class="re" target="_blank">The Times of India, 23 August, 2019, https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms</a><div class="clear"></div>
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10
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100
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1000
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50
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500
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LATEST NEWS UPDATES | Govt withdraws super-rich surcharge on foreign, domestic equity investors
Govt withdraws super-rich surcharge on foreign, domestic equity investors
Aug 23, 2019
Aug 23, 2019
-PTI
NEW DELHI: Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth.
"In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the transfer of equity shares/units," finance minister Nirmala Sitharaman told reporters here.
Please
click here to read more.
The Times of India, 23 August, 2019, https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms
Published on Aug 23, 2019
Modified on Aug 23, 2019
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