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The Economic Times

Economy / The Economic Times

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SEBI seeks CBDT clarity on tax role of authorised representatives of FPIs

India's market regulator Sebi seeks clarity from the tax department on the duties of authorised representatives for foreign investors. Fund houses need clear guidelines as these representatives may face tax demands. Many professionals are hesitant to take on these roles without understanding their liabilities. Sebi is actively engaging with the Central Board of Direct Taxes to resolve this issue soon.

15 Apr 2026 12:51 am