https://www.taxtmi.com/news?id=4970 Preferential treatment for sovereign wealth funds and pension funds reallocates debt limits in government securities and corporate bonds to attract long term offshore capital. Complementary liberalisations increase foreign investment ceilings for long term infrastructure bonds, relax residual maturity and lock in requirements, rationalise debt limit allocation with a reinvestment facility and eased utilisation, and permit higher immediate use of debt limits for qualifying long term infra bonds without prior approval. Withholding tax on interest payments for Infrastructure Debt Funds and specified long term foreign borrowings has been reduced to incentivise offshore investment into infrastructure debt. en-us Sat, 09 Mar 2013 10:06:06 +0530 Sat, 09 Mar 2013 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4970 Preferential treatment for sovereign wealth funds and pension funds reallocates debt limits in government securities and corporate bonds to attract long term offshore capital. Complementary liberalisations increase foreign investment ceilings for long term infrastructure bonds, relax residual maturity and lock in requirements, rationalise debt limit allocation with a reinvestment facility and eased utilisation, and permit higher immediate use of debt limits for qualifying long term infra bonds without prior approval. Withholding tax on interest payments for Infrastructure Debt Funds and specified long term foreign borrowings has been reduced to incentivise offshore investment into infrastructure debt. News - Sat, 09 Mar 2013 10:06:06 +0530 https://www.taxtmi.com/news?id=4970