News & Media 25th Jun 2024

Budget 2024: AIFs seek tax parity with FPIs

Authors

Dipesh JainPartner | Mumbai

Latest Thought Leadership

Alerts & Updates 17th Mar 2026

SEBI issues a new framework for borrowings by mutual funds

Read More
Alerts & Updates 17th Mar 2026

Pension Fund Investments in SEBI-Regulated AIFs

Read More
Alerts & Updates 16th Mar 2026

USTR initiates Section 301 investigations on failure to impose import bans on forced labour products

Read More
Alerts & Updates 13th Mar 2026

Latest Updates: Judgements under IBC

Read More

During a recent pre-budget consultation meeting with the government, the Indian Private Equity and Venture Capital Association (IVCA) proposed that Alternative Investment Funds (AIFs) should be granted tax parity with Foreign Portfolio Investors (FPIs). This tax parity is necessary because FPIs benefit from lower tax rates under Double Tax Avoidance Agreement (DTAA).

In this context, our Partner Dipesh Jain talks to moneycontrol.com in the article “Budget 2024: AIFs seek tax parity with FPIs” and shares his views on the same issue. The article also talks about foreign investors who wish to invest in Indian AIFs should also benefit from similarly reduced tax rates to make investments more attractive.

For more details, read the article here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.