SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Highway developers welcome higher FII limit

01 Mar 2011 Evaluate

Accessing foreign funds might become relatively easier for highway developers with the Budget proposing to allow FII investments in bonds of unlisted special purpose vehicles of infrastructure companies. As most of the infrastructure companies are organised in the form of special purpose vehicle (SPVs), FIIs would be permitted to invest in unlisted bonds with a minimum lock-in period of three years. However, the FIIs will be allowed to trade among themselves during the lock-in period.

The proposal to increase MAT might marginally hit their profitability, though it is likely to be mitigated to some extent through the reduction in tax surcharge from 7.5 per cent currently to 5 per cent.

Two more proposals with regards to highways machinery could ease cost of building highways. “Full exemption from basic customs duty is being extended to bio-asphalt and specified machinery for its application in the construction of national highways. But bio-based asphalt machinery is not used significantly in national highways construction.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×