MUMBAI: Bonds rallied after govt and RBI announced measures to encourage foreign investment in govt securities on Friday. The yields on benchmark 10-year govt securities (G-Secs) softened to 6.94% in early trades, from 6.99% on Thursday, after the govt said foreign portfolio investors (FPIs) would be exempted from long-term capital gains and withholding taxes on interest from G-Secs.

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.…

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…

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…

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 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…

The Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and support the rupee. The RBI is easing rules…