Surcharge on some FPIs to stay, says Sitharaman https://ift.tt/30HBMhW - Walletnews For Me

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Thursday, July 18, 2019

Surcharge on some FPIs to stay, says Sitharaman https://ift.tt/30HBMhW

The government on Thursday stuck to its stand on levying a surcharge on some foreign portfolio investors (FPIs), with FM Nirmala Sitharaman making it clear that this class of overseas investors had the option to restructure their operations to lower the tax burden.
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