SEBI has consolidated 57 circulars and 183 FAQs issued over the years into a single circular for FPIs, easing several requirements in the process.
August 23, 2019Existing tax incentives have been extended to 10 years from 5 years. New exemptions for dividend distribution tax and alternate investment funds also proposed.
July 8, 2019The recognition ensures European participants can apply lower risk to trade exposures to NSE IFSC Clearing Corporation and thus benefit from lower capital requirements.
July 2, 2019A bill to establish a unified regulator to oversee financial services at India's GIFT City has been approved by the country’s cabinet.
February 7, 2019Clearing arm of BSE's India INX at GIFT City will accept AAA-rated international sovereign securities with maturities over 5 years as collateral from clearing members and custodians, starting with US treasuries.
July 3, 2018BSE's India INX and NSE IFSC have launched the segregated nominee account structure, allowing foreign investors to avoid direct FPI registration and instead trade Indian equities through established intermediaries.
June 14, 2018SEBI has allowed a segregated nominee account structures for routing foreign stock trade orders at India's IFSC, known as GIFT City.
May 28, 2018Foreign securities and gold also eligible, but cash and cash equivalents will need to form 50 percent of total liquid assets at all times.
February 23, 2018Tax concessions and single window clearance to businesses and investors announced in annual budget by Indian government.
February 5, 2018