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They need to comply with the provisions of the Guidelines for Foreign Institutional Investors and the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995 (the "SEBI Regulations").
The majority of the foreign investment into the securities market in India comes from Mauritius, a member of International Organisation of Securities Commissions (IOSCO), because of the existence of a favourable tax treaty between the two countries [2]. Nearly 30% of the FIIs trading on the Indian stock market operate from Mauritius. As on June 27, 2008 the number of FIIs registered with the SEBI was 1403...
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Common topics in this essay:
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