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The government plans to introduce the Income-tax (Amendment) Bill in the upcoming Monsoon Session of Parliament to replace the Ordinance effected to exempt foreign investors from income tax on interest earnings and capital gains.
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India
Who
Government of India, foreign investors
What
The government plans to introduce the Income-tax (Amendment) Bill in the upcoming Monsoon Session of Parliament to replace the Ordinance effected to exempt foreign investors from income tax on interest earnings and capital gains.
When
Thu, 16 Jul 2026 22:30:28 GMT · 1h 52m ago
Where
India ·
Why
To replace an existing ordinance with a bill to exempt foreign investors from income tax on interest earnings and capital gains.
The Frontline Impact
How this affects you
This legislative action aims to formalize tax exemptions for foreign investors on specific income streams, potentially influencing foreign investment flows into India.
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