🚨 Proposed tweaks to India–France tax treaty may further reduce attractiveness of P-notes issued from that country @theburugula with details ⬇🔗 moneycontrol.com/news/busine… #IndiaFrance #TaxTreaty #PNotes

For stock market investment india allow a unique thing called participatory notes or PNotes for short, it allows investment from abroad by remaining anonymous. Babu politician money is rerouted to india via this FDI, investment loopholes. This real will be repeat of it

Babu politician money being rerouted along w/ USA & gulf money. Real estate is getting stagnant, many flats going empty. Only way they can increase cost is by bringing foreign money. Politician babu have biggest stake in RE. This is repeat of PNotes allowed in stock market

🍂 This Monday the Valor Armada update will bring you: ◼️ Shield of Troy campaign w/Commonwealth cruiser #Hector ◼️ New line of Spanish cruisers in EA ◼️ Armada Española collection ◼️ Return of #AzurLane collaboration ◼️ Golden Tides event and more Pnotes: wowsl.co/47qOfff

Parameter-Efficient Fine-Tuning (PEFT) in LLMs leaks private data from gradients. ReCIT is a novel attack recovering full private data and Personally Identifiable Information (PII) with high fidelity. 📌 Malicious pre-training biases LLM memory to recall Personally Identifiable Information using PNotes. 📌 Gradient analysis extracts specific tokens like names and PII topics efficiently from sparse Parameter-Efficient Fine-Tuning gradients. 📌 Hybrid approach with token pairing successfully links recovered tokens despite large batch size challenges. ---------- Methods Explored in this Paper 🔧: → ReCIT enhances model memory for PII using malicious pre-training with Personal Notes (PNotes), achieving up to 10 times higher PII recovery rates than baselines. → It uses Filter-based Token Extraction (FTE) based on gradient properties to identify key tokens like names and PII topics. → A token pairing mechanism reconstructs sequences, even with large batch sizes, using residual distance or perplexity. → It uses a generative AI and the reconstructed prefix to infer the PII. ------------ Paper - arxiv .org/abs/2504.20570v1 Paper Title: "ReCIT: Reconstructing Full Private Data from Gradient in Parameter-Efficient Fine-Tuning of LLMs"

Somewhat. pnotes: something like email.

There are 3 types of Foreign Inflows. FDI : foreign Direct investment: results in creation of Assets & ownership by Foreign entity in India. So if Tesla start a factory in India.. it's FDI as it's a long term commitment by foreign investor & he/she has management control.. FPI: is Forrign Portfolio Investment: This is speculative investment which invests in shares of companies in mkt. This does not give investors management control.. it's short term in nature & can move in/ out anytime with no guarantee PNotes: This is India specific.. where Indians investors can use FII as conduit for investing in India.. masking their identity. FDI investment is ve 45 Billion FPI investment is -ve 10-15 Billion P Note investment is ve 2 Billion So speculative investors FPI are ( supposedly) not happy being taxed.. Well for a fact they invest short term in any mkt. They move in & out making short term gains & want to get a free pass at skimming away the cream.. as & when they like & pay zero taxes.. Well I would say Good riddance.. of FPI.. let's give 10% discount to FDI investment & charge 10% to FPI.. FDI is Friend in need is friend indeed. FPI: are bar hopping customers who go switching bars looking for happy hours when drinks are free..

Sir, I suggest you to blame FIIs, FPIs externally and PNotes and trades in derivatives internally, for the then overweight and now the diarrhoea. अति वर्जयेत... If you are really concerned, please make it a movement to ban all the above four from Indian 2° market. Prevent drain.

I disagree. I’d be super stoked for this. Assuming it forces sellers into accepting Pnotes as a more necessary method of exiting. Financial creativity would go far.

all loopholes like political party donations, pnotes, bcci donations are their birthright.. nobody can make it illegal

PNotes are evil.. it should just not be permitted anywhere.. govt should find the source of the money of the p-note folks..

This change is done by extending them the same tax exemption that the PNote issuing banks enjoy. It is an effort by India to bring PNotes business to India rather than in Singapore and Mauritius. BUT in reality RICH NRIs who have ill-gotten wealth can bring it back to India

How #NirmalaSitharaman is allowing Rich Indians who have stashed money abroad to get money back to India via the stock market … In #Budget25 , FM Nirmala Sitharaman has allowed even non-banking FPIs to issue PNotes from GIFT city. There are NO checks & balances here.

After Ladli Behen Yojna Comes Ladli FPI Yojna !!! PNotes allowed from GIFT

Govt Now Encouraging PNote Investments In India FM gave another boost to PNotes Rs 1.5 lakh cr investments currently via PNotes PNotes are controversial instruments that are used by disguised investors businessworld.in/article/how…

Didn't expect you to not know the basics. Goldman invested on behalf of its clients and not as a principal. This is a standard practice to be able to issue pnotes/swaps to clients against the underlying holding.

You need to get your basics right. This is a pnote/swap issued by Goldman to its clients who are the ultimate investors. Goldman is just acting as a broker. ODI means offshore derivative instruments - pnotes/swaps.

it actually means I <3 Community Pnotes, the p is just silent like in pneumatic

govt ki khud L lag chuke hai 😂🤣🤣 kya toh sambhalegi ab ..... sab kaala dhan jo market main laga hua hai pnotes and so called fii ke dwaara ab nikalna chalu hi jayega ! retail ko KInG KInG bolkar .... rank bana denge !!😂🤣

The Bubble is about to be pricked by RBI FM Government in the coming days ! For those not aware ! It all started with the amendment in the P-Notes route critical bottleneck that was removed in the last week of MARCH 2023. Its IMPORTANCE ironically was lost in the noise of unexpected STT HIKE news coverage in the final budget BILL that was passed 45 days after the budget (Feb1 st - Adani Chaos of FPO failing) at the end of the budget session on 6th April 2023 !!! For those not aware do read about History of P-Notes in india ! Jisne HAWA bhari hai Wahi Phodega Gubbare ko !!! Bookmark #Budget2024 #PNotes