Tweaks In Super Rich Cess Expected As PMO, Finance Ministry Meet To Discuss Impact

Tweaks In Super Rich Cess Expected As PMO, Finance Ministry Meet To Discuss Impact

In the Budget 2019, Finance Minister Nirmala Sitharaman had proposed a higher surcharge on those earning over Rs 2 crore. Since the tax implications cover individuals or HUF or association of persons or body of individuals (domestic or foreign), the...
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RBI tweaks norms on VRR investment by FPIs

RBI tweaks norms on VRR investment by FPIs

The Reserve Bank of India on May 24 fixed the investment limit at Rs 54,606.55 crore for foreign portfolio investors (FPIs) under the voluntary retention route (VRR), which allows parking funds in both government securities as well as corporate debt....
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RBI Raises Foreign Investment Limits In Bonds, Tweaks Rules

RBI Raises Foreign Investment Limits In Bonds, Tweaks Rules

Mumbai: The Reserve Bank of India on Monday increased the investment limits by foreign investors in government bonds by Rs. 11,000 crore to Rs. 2.42 lakh crore, while also tweaking rules to attract more long-term investments. As part of the...
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BSE Tweaks Circuit Limit Of Transport Corporation, 15 Others

BSE Tweaks Circuit Limit Of Transport Corporation, 15 Others

New Delhi: To curb excess volatility, leading stock exchange BSE on Friday tweaked the circuit limit for share movement of 16 companies, including Transport Corporation of India. The new limits, effective September 12, will ensure stock prices do not go...
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