Finance minister Nirmala Sitharaman on Friday announced withdrawal of 'enhanced surcharge' levied on foreign portfolio investors (FPIs) and restored the pre-Budget position. The move was very much anticipated from the Dalal Street which has been reeling under intense pressure following investors pulling out money.

from Times of India https://timesofindia.indiatimes.com/business/india-business/huge-relief-for-foreign-investors-as-centre-withdraws-surcharge-on-fpis/articleshow/70806274.cms