Sindhuja Kashyap Highlights Tax Challenges for FPIs in Business Standard Article
Sindhuja Kashyap was recently quoted in Business Standard in an article titled “Switzerland-based FPIs to face higher dividend tax on India income.”
Sharing her perspective on the implications of higher withholding tax rates on dividends, Sindhuja remarked:
“Higher withholding tax rates on dividends will diminish the net post-tax returns for investors. For FPIs, who typically operate on tight yield margins, such an increase in tax incidence could substantially impact the attractiveness of Indian equities compared to other emerging markets or jurisdictions offering more favorable tax arrangements.”
Sindhuja’s analysis sheds light on a pressing issue that could significantly influence foreign portfolio investment in Indian markets.
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