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India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt official says
India has removed capital gains tax on foreign investments in government bonds. This move aims to help India join Bloomberg's Global Aggregate Index. Meanwhile, the fertiliser ministry is requesting more subsidy funds. This is due to rising global prices influenced by the U.S.-Israeli conflict with Iran.
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economictimes.indiatimes.com
India eyes major bond index entry as tax exemptions sweeten appeal
India is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capital gains and withholding taxes. The…
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newsbytesapp.com
India seeks inclusion in Bloomberg's global bond index
India plans to reapply for global bond indices, leveraging tax exemptions and expanded long-term securities to attract foreign investment into its government bonds.
