Tag: foreign investments
H1B visa issue is now a thing of the past, says Union Minister Piyush Goyal
Union Minister of Commerce and Industry, Piyush Goyal, declared that the H1B visa issue is now “a thing of the past” during a meeting at…
Stock market investors lost over ₹13 lakh crore in last five trading sessions
In the past five trading sessions, Indian stock markets have seen a significant erosion of investor wealth, with around ₹13 lakh crore wiped out, according…
Government notifies foreign exchange rules 2024 to simplify investments and ease of doing business
The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments. The new…
FEMA: Compounding rules eased to speed up FEMA cases
The finance ministry on Thursday raised the monetary limits of contraventions that can be compounded by relevant officers under the Foreign Exchange Management Act (FEMA)…
China opens its manufacturing and healthcare sectors to foreign investment
China will fully open its manufacturing sector to foreign investments and is also allowing more room for overseas capital in its health sector, adding to…
Foreign investors pumped ₹33,600 crore in Indian equity in July amid continued policy reforms and good earnings season
Foreign investors injected over ₹33,600 crore into Indian equities so far this month on the expectation of continued policy reforms, sustained economic growth and a…
angel tax: Abolition of angel tax will boost startup ecosystem: CBDT chairman
The abolition of Angel tax for all classes of investors will act to “prompt” innovators and venture capitalists to better invest in startups and any…
No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets
Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of…
I-T dept to soon notify modified valuation rules, investor classes for taxing foreign investments in unlisted cos
The Income Tax Department will soon notify rules specifying the class of investors and norm of valuation for implementation of the Budget provision of taxing…
Foreign angels – trouble in Indian paradise?
Widening the scope of angel tax to money raised from non-resident investors has been one of the most discussed aspects of this year’s Union Budget….