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.