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

·15 views

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.

Read the full story at NDTV

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Kaziranga crash probe finds speed limiter removed to enable more trips

Police investigating the Kaziranga crash have reportedly found that the vehicle's speed limiter had been removed. The modification was apparently made so the vehicle could complete more trips. Authorities are examining whether the tampering contributed to the accident. The findings add to the ongoing inquiry into the incident.

0 comments Read more at Indian Express

IndiaTimes of India ·

Over 100,000 Protest Across France for Fifth Straight Weekend

More than 100,000 people joined demonstrations across France this weekend, marking the fifth consecutive weekend of such action. Protesters voiced anger over the rising cost of living and cuts to education funding. The crowds included Yellow Vest supporters, students, labor unions, and activists. While most gatherings remained peaceful, some cities saw clashes, and police responded with tear gas. Opposition to a proposed police law that would grant officers broader legal protection when using firearms was also a central concern.

0 comments Read more at Times of India

IndiaTimes of India ·

SpaceX Starship makes first midair catch of returning spacecraft after orbital flight

SpaceX's Starship spacecraft was captured midair by mechanical arms as it returned from its mission. During the flight it completed 14 orbits and deployed 26 satellites. The Super Heavy booster, however, failed its recovery attempt soon after launch and was destroyed. The spacecraft's heat shield performed well, a sign of progress toward full reusability.

0 comments Read more at Times of India

IndiaTimes of India ·

Ramayana Crosses Rs 1,200 Crore Worldwide in Its Second Week

Ranbir Kapoor and Yash's film Ramayana: Rise of a Legend has performed strongly at the box office during its second week of release. It earned Rs 72.90 crore net on its tenth day, bringing its total domestic collection to Rs 685.60 crore. The film's worldwide gross has now passed Rs 1,200 crore, reflecting solid international performance. The Hindi version has contributed the most to its earnings, followed by the Kannada and Telugu releases.

0 comments Read more at Times of India