The move is aimed at attracting foreign capital

Jun 05, 2026

11:56 am

What's the storyThe Indian government has issued the Income-tax (Amendment) Ordinance, 2026, offering tax relief to foreign institutional investors (FIIs) on interest income and capital gains from investments in government securities.

The ordinance amends the Income-tax Act, 2025, and has been made effective from April 1, 2026.