{"id":9916,"date":"2022-02-03T09:46:57","date_gmt":"2022-02-03T09:46:57","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch"},"modified":"2022-02-03T11:09:00","modified_gmt":"2022-02-03T11:09:00","slug":"bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch","title":{"rendered":"Bonus stripping: Foreign portfolio investors from Mauritius feel the pinch"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will get impacted by the tax avoidance provisions on bonus stripping.<\/p>\n

The FY23 Budget has extended these provisions \u2014 applicable only to MFs, so far \u2014 to shares and units of REITs, InvITs and AIFs.<\/p>\n

The move will especially affect large institutio-nal investors who sell original units within nine months after the record date because the loss arising from sale of original units would have to be ignored for the purposes of computing taxable income and cannot be set .<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will get impacted by the tax avoidance provisions on bonus stripping. The FY23 Budget has extended these provisions \u2014 applicable only to MFs, so far \u2014 to shares and units of REITs, InvITs and AIFs. The […]<\/p>\n","protected":false},"author":84,"featured_media":9915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,245,241],"class_list":["post-9916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mauritius","tag-mauritius"],"yoast_head":"\nBonus stripping: Foreign portfolio investors from Mauritius feel the pinch - Mauritius<\/title>\n<meta name=\"description\" content=\"Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will g ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bonus stripping: Foreign portfolio investors from Mauritius feel the pinch\" \/>\n<meta property=\"og:description\" content=\"Foreign portfolio investors (FPIs) who invest from Mauritius into Indian companies that dole out bonus debentures will g ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-03T09:46:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-03T11:09:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/02\/img-61fbb7ad39f7f.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"442\" \/>\n\t<meta property=\"og:image:height\" content=\"329\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Bonus stripping: Foreign portfolio investors from Mauritius feel the pinch\",\"datePublished\":\"2022-02-03T09:46:57+00:00\",\"dateModified\":\"2022-02-03T11:09:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch\"},\"wordCount\":115,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/02\/img-61fbb7ad39f7f.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/bonus-stripping-foreign-portfolio-investors-from-mauritius-feel-the-pinch\",\"name\":\"Bonus stripping: Foreign portfolio investors from Mauritius feel the pinch - 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