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Central Government specifies Foreign Portfolio Investors as Foreign Institutional Investor for the purposes of Section 115AD

Central Government specifiesForeign Portfolio Investors as Foreign Institutional Investor for the purposes of Section 115AD

Notification No. 9/2014, F.No.173/10/2014-(ITA.I) Dated 22-01- 2014

In exercise of the powers conferred by clause (a) of the Explanation to Section 115 AD of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Foreign Portfolio Investors registered under the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014, as Foreign Institutional Investor for the purposes of the said section.

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