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Taxation laws amendment bill: Government proposes simplified exemption framework for offshore funds
A bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offered for global income of funds. Foreign companies storing electronic components will also get exemptions. These measures will boost India's position as an investment hub.
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economictimes.indiatimes.com
India proposes tax relief for offshore funds using local managers
India has proposed easing tax rules for offshore investment funds using India-based managers by removing size and investor limits, aiming to attract foreign capital and boost…
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thehindu.com
Government proposes to ease tax relief conditions for offshore funds
Government plans to ease tax relief for offshore funds to boost India's global fund management position and attract foreign investment.
