Finance minister Nirmala Sitharaman stuck to her budget proposals and declined to relent on the demand by foreign portfolio investors (FPIs) structured as trusts that they be exempted from a higher surcharge. The government believed that the richest should contribute more to society and nation building.
Rakesh Nangia, Managing Partner and Sunil Gidwani, Partner- Financial Services share their views on aforementioned story for following publications:
Economic Times- Front page story
Livemint- Front page story
New Indian Express
Financial Express- Front page story
Telegraph
PTI
(PTI News has been picked up by 45 other news publications including Business Standard, Business Today, Moneycontrol.com , Firstpost etc.)
fm-sticks-to-proposals-no-relief-to-fpis-in-trust-form-sunil-gidwani

FM sticks to proposals, no relief to FPIs in trust form – Sunil Gidwani
newsletter
Enter your email to subscribe our newsletter