ASSOCHAM Calls for Tax Simplification, Long-Term Holding Incentives to Strengthen Capital Flows
6 Articles
6 Articles
New Delhi, Oct 19 (IANS) Industry body Assocham on Monday supported the recent steps taken by the Reserve Bank of India (RBI) and the Finance Ministry to support the rupee and strengthen investor confidence. The organisation said policymakers are moving in the right direction to attract long-term and sustainable foreign capital inflows. Reacting to the recent fluctuations in the rupee and investment trends of foreign portfolio investors (FPIs), …
Industry backs RBI, govt measures to support rupee, attract long-term capital
Digital Desk | New Delhi, Oct 19 (IANS) Industry body ASSOCHAM on Monday backed recent measures taken by the Reserve Bank of India (RBI) and the Finance Ministry to support the rupee and strengthen investor confidence, saying policymakers were pursuing the right approach to attract durable foreign capital flows. Commenting on recent volatility in the rupee and foreign portfolio investor (FPI) flows, ASSOCHAM President Nirmal K. Minda said the …
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