Tag: Government Bonds
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India Removes Tax on FII Investment in Government Bonds: What It Means for the Economy
Why Is This News Important? The Government of India has announced the removal of capital gains tax and withholding tax on Foreign Institutional Investor (FII) investments in government bonds. The move aims to attract foreign capital, strengthen the rupee, and improve liquidity in the government debt market. For UPSC aspirants, this development is important from…
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