In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors' holdings in government securities. The move will be part of efforts to attract greater overseas investment.

India is set to boost foreign investment soon. The government plans to cut taxes on global funds investing in Indian bonds. Ownership limits on certain bonds may also be removed.…

Cabinet, Wednesday, is expected to consider whether it should eliminate the 20% levy on interest earned from bonds, or reduce it to a bare minimum.

India is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. This move, approved via an ordinance, aims…

India may cut taxes on bond income and ease investment rules for overseas investors as policymakers seek to boost capital inflows and support the rupee.

In a strategic bid to entice foreign investors, India is simplifying tax regulations on select securities. This initiative is designed to boost investment flows despite recent…

India is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The country faces challenges with its current…

India has announced a significant tax exemption for foreign institutional investors and the Bank for International Settlements. This move removes capital gains tax on interest and…