The government's rollback of enhanced surcharge on select investors, announced as part of a series of measures to boost the economy last week, has not created a differential regime between FPIs and domestic investors, CBDT said in statement on Wednesday. Finance Minister Nirmala Sitharaman on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by …
Domestic equity benchmark BSE Sensex rallied over 662 points in opening session on Monday after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy. Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday, after market hours, announced rollback of enhanced surcharge on foreign …
