Thursday, March 28, 2019

RBI hikes the limit of investment by FPIs in Govt. securities

RBI has increased the investment limit for FY 2019-20 for Foreign Portfolio Investors in Government securities (G-Secs) to 6 % of outstanding stock of securities from 5.5 % in FY2018-19. The revised limit for FPI investment in debt for FY2020 has been increased to Rs. 6,98,300 crores for the first half from the existing Rs. 6,49,900 crores, and Rs. 7,46,500 crore for the second half of the financial year.

from taxmann.com News https://ift.tt/2HKSTJY
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...