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Enhance surcharge on FPI withdrawn

By : ABP News Bureau | 23 Aug 2019 06:02 PM (IST)

Finance Min: In order to encourage investment in capital market, it is decided to withdraw enhance surcharge levied by the Finance No. 2 Act 2019. In simple words, the enhance surcharge on FPI goes, surcharge on domestic investors in equity goes. Pre-budget position is restored

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