SEBI relaxes guidelines for investment through non-FATF countries – Sunil Gidwani
Last week, SEBI has relaxed its guidelines for foreign portfolio investors (FPIs) seeking a Category-I licence, a move seen giving a boost to overseas investment in stocks. On the other hand, Foreign portfolio investors (FPIs) may have to pay a higher withholding tax on dividends received though their final liability may be lower owing to tax treaty arrangements.
Our Partner, Sunil Gidwani shares his views on above mentioned two stories for Business Standard.
1. SEBI relaxes guidelines for investment through non-FATF countries-
2. FPIs stare at higher withholding tax on dividends owing to tax treaty-