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Could a tax break on bond investments be the move that strengthens the Rupee? Ashvin Parekh answers
India is considering reducing taxes on foreign investments in its bonds to attract long-term capital and stabilize the rupee. This move aims to offset currency risk concerns that have deterred foreign investors, particularly from the bond market, following withdrawals from equities. The policy's success hinges on the extent of tax relief and investment limits.
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economictimes.indiatimes.com
RBI considers reducing taxes on bond investments by foreigners: Report
India is reportedly considering a significant reduction in taxes for foreign investors on its bonds. This move, recommended by the Reserve Bank of India and seriously considered…
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timesofindia.indiatimes.com
Arresting rupee’s fall: India eyes cut in taxes on bond investments by foreigners - here’s how it may help - The Times of India
