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FPIs seek to convert to corporates to avoid higher surcharge, says report

Updated : July 11, 2019 08:34:58 IST

According to the report, the FPIs have already approached their advisers, seeking advice regarding the same.
However, lawyers and tax consultants have told the funds that such a move can invoke the provisions of domestic tax avoidance laws.
FPIs seek to convert to corporates to avoid higher surcharge, says report
Published : July 11, 2019 08:34 AM IST

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