New Delhi, Sep 20, 2016: Foreign funds positive and issues will be addressed. Overseas portfolio investors (FPIs) see Indian markets providing immense potential for funding, and no matter issues they’ve over taxation and different points will probably be seemed into, Economic Affairs Secretary Shaktikanta Das mentioned right here on Tuesday.
Foreign funds positive and issues will be addressd.
“The FPIs are larger alternatives for investing within the Indian market. So the general outlook could be very, very constructive,” Das mentioned after a gathering with some 40 prime foreign funds, together with key monetary sector regulators as Foreign funds positive and issues will be addressed.
“Suggestions have been made each when it comes to course of simplification. Some new solutions have additionally come. Some taxation points have been additionally raised,” Das mentioned, including: “We are going to look at and take a look at all of the recommendations they’ve made.”
The highest finance ministry official stated that the problems raised can be mentioned internally with officers from the Department of Revenue, the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India — all of which had been represented on the assembly when Foreign funds positive and issues will be addressed.
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