Whalesbook
PAN Card Ka Chakkar: Naye FPIs Ka India Mein Entry Block!
Asal mein hua ye hai ki jo foreign investors India mein naya paisa daalna chahte hain, unhe PAN card milne mein lagbhag 1 mahina tak ki deri ho rahi hai. Ye sab Income Tax Department ke naye Common Application Form (CAF) process aur system validations ki wajah se ho raha hai jo April 1 se लागू hue hain. Is problem ke chalte kam se kam 20 naye FPIs apna trading aur demat account nahi khol paa rahe hain. Socho, unka pura investment plan hi atak gaya hai!
'Authorised Representative' vs 'Signatory' Ka Jhol
Is puri situation mein ek aur bada jhol yeh hai ki SEBI aur CBDT ke beech 'authorised representatives' appoint karne par disagreement chal raha hai. Kai professionals is role ko lene se dar rahe hain kyunki unhe personal tax risks hain. Isiliye SEBI keh raha hai ki 'authorised signatories' use kiya jaye, par abhi woh clear nahi hai.
Global Worries Aur FPIs Ka Outflow
Aur situation ko samajho, jab FPIs ko entry mein hi itni dikkat ho rahi hai, tabhi baahar mein bhi global economic worries, inflation fears aur geopolitical risks chal rahe hain. Is wajah se FPIs ne saal mein ab tak lagbhag ₹2 lakh crore Indian equities se nikal liye hain. Pichhle saal total ₹1.66 lakh crore nikale the, is saal ka outflow usse bhi zyada ho gaya hai.
Digital India Goal Aur Reality
SEBI ka goal hai ki FPI registration time kam kar ke 5 din kar diya jaye aur SWAGAT-FI system May 30 tak launch ho jaye. Par yeh PAN card wali situation dikha rahi hai ki basic processes mein bhi kitni delay ho sakti hai jab naye systems aate hain.
Competiton Aur Negative Sentiment
Jab India mein FPIs ke liye entry mushkil ho rahi hai, tab South Korea aur Taiwan jaise countries AI boom ki wajah se foreign investment attract kar rahe hain. Agar yeh PAN card aur 'authorised representative' wala issue jaldi solve nahi hua, toh India se aur bhi paisa nikalne ka risk hai. FPIs ka Indian equities mein stake lagbhag 14 saal mein sabse kam ho gaya hai.
Regulator Action Mein
Filhaal SEBI, CBDT aur dusre parties ke saath mil kar yeh PAN issue aur 'authorised representative' wala jhol solve karne ki koshish kar raha hai. Expect hai ki 'authorised signatories' wala option jaldi hi clear ho jayega taaki investors ko thodi rahat mile.