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Lok Sabha Passes Bill Giving Tax Relief to Foreign Government Bond Investors

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The Lok Sabha has passed a bill granting tax exemptions to Foreign Institutional Investors (FIIs) who invest in Indian government securities. The exemption covers both interest income earned on these securities and capital gains arising from their sale, exchange, or transfer. The legislation is aimed at making Indian government bonds more attractive to overseas investors. By reducing the tax burden on foreign investors, the move is expected to encourage greater foreign participation in India's sovereign debt market.

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Lok Sabha Passes Bill Giving Tax Relief to Foreign Government Bond Investors · ShortSingh