FPI Custody Services – OnlineTaxUpdate

The Maharashtra Goods and Services Tax (GST) department has sent notices to several banks on the taxability of custodial services provided by them to foreign portfolio investors (FPIs), said people in the know. The state GST authorities have taken the…

GST in Media

Lenders Ask Government To Take FPI Custody Services Out Of GST

byAdmin01/12/202301/12/2023

Foreign lenders are urging government intervention to exempt custodian services from the Goods and Services Tax (GST), according to sources familiar with the matter. Custodian services, provided to overseas institutional and portfolio investors, are at the center of this request.…

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Tag: FPI Custody Services

Maharashtra GST department slaps tax notices on custodians to FPIs

Lenders Ask Government To Take FPI Custody Services Out Of GST