62
Markets1h 31m ago

The government exempted foreign investors from income tax on interest earnings and capital gains from government securities.

India

Who
Government of India, foreign investors
What
The government exempted foreign investors from income tax on interest earnings and capital gains from government securities.
When
Thu, 16 Jul 2026 14:40:04 GMT · 1h 31m ago
Where
India ·
Why
To attract foreign capital and counteract pressure on the rupee.
The Frontline Impact

How this affects you

This measure aims to increase foreign investment in Indian government securities, thereby strengthening the rupee.

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