India confirms 12.5% LTCG tax applies to FPIs, no exemption

The Indian government confirmed that Foreign Portfolio Investors (FPIs) are not exempt from the 12.5% long-term…

Foreign Investors Sell Rs 4,200 Crore in Indian Equities

Foreign institutional investors (FIIs) sold Indian equities worth Rs 4,200 crore on July 16, marking their…