The proposal seeks to address a long-standing tax hurdle that has kept FPIs out of bullion and base metal derivatives, where contracts are compulsorily deliverable on expiry.
A Sebi panel is actively considering a proposal to allow Foreign Portfolio Investors (FPIs) into physically settled commodity trades. This significant move aims to address a long-standing tax hurdle that has historically kept FPIs out of lucrative bullion and base metal…
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