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India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt offici

Posted on June 9, 2026
By Business News Today
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1 min read

India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt offici

India has removed capital gains tax on foreign investments in government bonds. This move aims to help India join Bloomberg's Global Aggregate Index. Meanwhile, the fertiliser ministry is requesting more subsidy funds. This is due to rising global prices influenced by the U.S.-Israeli conflict with Iran.