AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
India: 'Round tripping' FDI under taxmen lens.
NEW DELHI, Oct. 28. IN what could perhaps be a test case, the Finance Ministry is setto examine tax implications of "round tripping" of foreign directinvestment (FDI). The move follows the deferment of a proposal recently by the Foreign Investment Promotion Board (FIPB) which has implications on overseas direct investment (ODI), said a senior official.
"Round tripping" of FDI is where domestic funds come back into India as FDI money without any incremental flow of funds into the country.
The proposal deferred by the FIPB pertains to re-investment of monies by a UK-based company - set up under ODI policy - into its Indian company under the FDI policy. …
-
- India: 'Exercise caution on FDI round tripping'.
-
News wire article from: Business Line
November 13, 2001
700+ words
-
- Hong Kong article questions China's potential to help global economy.
-
Newspaper article from: BBC Monitoring International Reports
September 15, 2011
700+ words
-
- Clandestine money is funnelled through Hong Kong, say experts, by companies...
-
News wire article from: Asia Africa Intelligence Wire
November 25, 2002
700+ words
-
- Mainland tax-dodgers use Hong Kong to play FDI game.
-
News wire article from: Asia Africa Intelligence Wire
November 25, 2002
700+ words
-
- FDI to China and India: The definitional differences.
-
News wire article from: Asia Africa Intelligence Wire
May 15, 2004
700+ words
