 "FPIs")
The Centre’s recent move to impose GST on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled foreign portfolio investors (FPIs). They fear the decision could result in GST on “export of services”, which is currently a zero-rated supply. Read more in our morning top headlines.
Tax conundrum: FPIs uneasy after 18% GST on regulatory services
The Centre’s recent move to impose Goods and Services Tax (GST) on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled foreign portfolio investors (FPIs). They fear the decision could result in
