Business Standard

FII body repeats warning to govt on GAAR

Says there will be more uncertainty and higher costs for Indian firms if govt doesnt relent

BS Reporter  |  Mumbai 

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body repeats warning to govt on GAAR
Says there will be more uncertainty and higher costs for Indian firms if govt doesn

FII body repeats warning to govt on GAAR

Says there will be more uncertainty and higher costs for Indian firms if govt doesnt relent

The Asia Securities Industry and Financial Markets Association (Asifma has sent another letter to Finance Minister Pranab Mukherjee, warning “extreme market disruption” if foreign portfolio investors are not exempted from the proposed General Anti-Avoidance Rules (GAAR) and the indirect transfer rules. >
body repeats warning to govt on GAAR
Says there will be more uncertainty and higher costs for Indian firms if govt doesn image