FPI surcharges: Reports suggesting relief for FPIs from higher surcharge are misleading

CNBC-TV18 2019-07-15

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Morning newspapers say that the government, the finance ministry is considering a proposal to give relief to foreign portfolio investment (FPI) investors who have been hit by the surcharge on the super-rich. CNBC-TV18’s Shereen Bhan spoke to her sources in the government on whether there were any changes planned to the FPI surcharge. Here are more details.

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