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 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…

India plans to abolish capital gains tax on foreign portfolio investments in government securities, aiming to attract overseas capital and stabilize economic challenges.

Amid rising oil prices from the Iran war and a weakening rupee, India plans to eliminate taxes on foreign investments in government bonds to attract crucial foreign debt inflows.

India plans to eliminate capital gains tax for foreign investors in government bonds, aiming to boost foreign capital inflows.

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…