Profit

New Risk for FIIs?

PUBLISHED ON: July 14, 2014 | Duration: 21 min, 09 sec

  
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Direct equity investors into India out of large fund pools from the UK, US and other countries will now feel the pinch. The government said that all FII income will be deemed as portfolio, not business, income. TP Ostwal, the managing partner of TP Ostwal & Associates, shares his perspective.
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