Sify.com » Topics » Rule
Rule News
Macquarie hedge fund exits short bets in India on tax fears
Macquarie’s Asia hedge fund has exited its short positions in Indian single stock futures, in response to a controversial set of proposed tax rules that could lower investment returns. Instead, it has decided to use a futures contract linked to the 50-share NSE index Nifty on the Singapore Exchange to get its short exposure to India, according to an investor letter of the fund seen by Reuters,
Macquarie’s Asia hedge fund has exited its short positions in Indian single stock futures, in response to a controversial set of proposed tax rules that could lower investment returns. Instead, it has decided to use a futures contract linked to the 50-share NSE index Nifty on the Singapore Exchange to get its short exposure to India, according to an investor letter of the fund seen by Reuters,
Range-bound markets likely this week earnings eyed
Investors to closely watch international events, PMI data
Investors to closely watch international events, PMI data
'Ensure timely renewal of mine leases'
Pending applications surge across categories, in breach of rules for disposal
Pending applications surge across categories, in breach of rules for disposal
GST would be single biggest reform after 1991: Adi Godrej
Adi Godrej, chairman of the Godrej Group, recently took charge as president of the Confederation of Indian Industry (CII). In an interview with Indivjal Dhasmana & Shaikh
Govt may dilute GAAR proposals, target tax havens
The finance ministry may dilute some provisions of the proposed General Anti-Avoidance Rule (GAAR) to allay investors’ fears about excessive powers to the taxman under the regime.
The finance ministry may dilute some provisions of the proposed General Anti-Avoidance Rule (GAAR) to allay investors’ fears about excessive powers to the taxman under the regime.
© Copyright Sify Technologies Ltd, 1998-2011. All rights reserved. India News Portal, Sify.com hosted at SifyHosting India's first Level 3 Internet Data Centre.
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise
Site optimized for Internet Explorer 5.5 and above.
See Disclaimer |Privacy Policy &Parental Guidance on pornography |careers@sify |About Us |Feedback |Advertise