Topic
government securities
India's G-Sec Reforms Aim for Bloomberg Index Inclusion
India's government has introduced reforms to boost foreign investment in government securities, aiming for inclusion in Bloomberg's Global Aggregate Bond Index. The measures include tax exemptions and expanded investment routes.
G-Secs Surge as India Eases Foreign Investment Rules
India's G-Secs rallied as the government and RBI eased foreign investment rules, lowering yields to 6.94%. The move exempts FPIs from taxes, aiming to attract foreign flows.
India Exempts Capital Gains Tax on FII in Govt Securities
India has promulgated an ordinance exempting capital gains tax on Foreign Institutional Investors' investments in government securities. This move aims to attract foreign capital and enhance the appeal of India's sovereign debt market.
India Eyes Foreign Investment Amid US-Iran Conflict
India is set to remove capital gains tax on foreign portfolio investors' government securities to attract foreign investment amid the US-Iran conflict. The move aims to stabilize the economy and counteract foreign capital outflows.