Fpis Get Tax Relief On Gilts, Ease Of Investment

India Paves the Way for Foreign Investment in Government Bonds

In a significant move to attract foreign investors, India has announced the removal of taxes on capital gains and interest for overseas participants investing in government bonds. This new policy, which is scheduled to be implemented on April 1, is part of a broader ordinance designed to boost the attractiveness of Indian sovereign bonds and strengthen the rupee's position.