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Sebi seeks CBDT nod to fix FPI tax compliance by changing authorized signatories
Economy
Published on 28 April 2026
Sebi wants FPIs to pick their own signatories
Sebi is in talks with the CBDT to simplify FPI tax compliance. The regulator is proposing a framework that lets foreign portfolio investors appoint authorized signatories themselves, easing a key procedural hurdle. If approved, the change could reduce friction for FPIs dealing with tax-related documentation and compliance requirements across Indian markets.
- Sebi is negotiating with the CBDT over FPI tax compliance
- Proposal would allow FPIs to designate authorized signatories
- Aim is to streamline procedures and reduce compliance hurdles
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times