Even as investments through participatory notes (P-Notes) have come down due to stringent regulation, the number of foreign portfolio investors (FPIs) routing money through tax havens such as Luxembourg has gone up significantly.
Find out why.
Even as investments through participatory notes (P-Notes) have come down due to stringent regulation, the number of foreign portfolio investors (FPIs) routing money through tax havens such as Luxembourg has gone up significantly.
Find out why.