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Foreign Investment in Indian Bonds Hits Record High After Tax Relief

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Foreign purchases of Indian government bonds have reached a record level following a significant policy change. The Indian government announced on June 5 a reduction in taxes on capital gains and interest income derived from bonds. This move effectively eliminated one of the last major obstacles preventing global funds from investing in India's sovereign debt. The tax relief has since triggered a notable surge in overseas investor participation in India's bond market.

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Foreign Investment in Indian Bonds Hits Record High After Tax Relief · ShortSingh