Tax roll-back on FPI buzz pushes Sensex, Nifty; leading FII representatives discuss issue with FM Sitharaman
Representatives from JP Morgan, HSBC, Blackrock, CLSA and Barclay were also were among the 18 foreign portfolio investors (FPIs) who met the Finance Minister to raise issues such as the recently-introduced tax surcharge and seek either full rollback or suitable tweaking to keep them out of the higher tax net.
Sitharaman talked about taxation, infrastructure, RBI-government relations, delayed payments and corporate social responsibility. Image source: IANS