P Notes

Investment through P-notes rises to Rs 79,247 cr in November after hitting more than 9-year low

As per the data, the fund inflow through P-notes in October this year was the lowest since March 2009, when the cumulative value of such investments stood at Rs 69,445 crore.

Investment via P-notes hits over nine-year low of Rs 79,548-cr in Septemer, SEBI data shows

The decline in investment could be attributed to several measures taken by the SEBI to stop the misuse of the controversy-ridden participatory notes, experts said.

Investment in P-notes rises to Rs 84,647 cr by August-end for first-time in ten months: SEBI data

Of the total investments made last month, P-note holdings in equities were at Rs 66,233 crore and the remaining in debt and derivatives markets.

P-note investments plunge to over 9-year low of Rs 93,497 crore at May-end amid stringent norms

P-notes are issued by registered FPIs to overseas investors who wish to be part of the Indian stock markets without registering themselves directly

P-Note investments dip to 8-year low at Rs 1.19 lakh cr in January

Investments in the domestic capital market through participatory notes (P-notes) plunged to a nearly eight-and-a-half-year low of Rs 1.19 lakh crore in January-end amid stringent norms put in place by regulator Sebi to check misuse

Black money hunt: Sebi to levy $1,000 fee on P-Notes, bars speculative issuance

Sebi decided to relax the entry norms for foreign portfolio investors willing to invest directly in Indian markets rather than through participatory notes.

Sebi proposes tighter rules for participatory notes, to impose $1,000 regulatory fee

If adopted, SEBI's plan would be the latest stringent action against controversial products created by banks to track Indian derivatives, shares and debt products and then sold to overseas investors.

Sebi's new P-note rule can curb black money coming in through FII inflows

Sebi has tightened rules relating to issuance of P-notes, also known as offshore derivative instruments. Here's how it could effectively curb black money.

GAAR to finally take effect from 1 April after 3 year delay

Seeking to assuage concerns of investors, CBDT said GAAR provisions shall be effective from assessment year 2018-19 onwards and "shall not be invoked merely on the ground that the entity is located in a tax efficient jurisdiction".

Participatory notes: Black money SIT wants to get to the bottom and it's comment worthy

In other words the suspicion could be round-trippers could have found comfort in Panama where names simply do not matter. Are FPIs guilty of giving quarters to such opaque investments from Panama? This could be the angle that the SIT wants to pursue.