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

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.

Indian bonds rise on potential tax relief for debt investors, while RBI policy decisions loom amid geopolitical tensions.

Reuters and local media reported that the government is considering scrapping the 12.5% capital gains tax on overseas investors and the 20% withholding tax on interest earned…