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Withdrawal Of Surcharge On Foreign Investors A Big Positive: Experts
23 Aug 2019, 07:04 PM IST i

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The government announced measures on Friday to revive economic growth and markets including the withdrawal of higher taxes for foreign portfolio investors (FPIs) and said it would release funds for bank recapitalisation upfront. Finance Minister Nirmala Sitharaman told reporters the government had decided to withdraw the surcharge on FPIs which she had unveiled in her budget for the fiscal year ending March 2020.
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