The move to tax capital gains from India would fundamentally alter the character of all income arising from Indian AIFs and lead to increased litigation
Volumes have almost doubled over August 2020, transaction values jumped by 5.8x driven by a 13x rise in PE investment values, as per Grant Thornton Bharat Deal Tracker
There were five large deals worth $700 million in February 2020 compared to nine deals worth $2.0 billion last year and five deals worth $1.4 billion in January 2020
This data comes at a time when the economic growth has plunged to a six-year low, at 5 per cent for the June quarter, leading to many concerns about the overall potential as well
The Narendra Modi government's focus on keeping fiscal deficit in check and kick-starting planned expenditure has been helpful in attracting investments