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India Ke Bond Market Mein Tax Ka Chakkar, Foreign Ki Entry!

Finance

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India Ke Bond Market Mein Tax Ka Chakkar, Foreign Ki Entry!

Arre bhai, suno! Centre ne socha hai ki foreign investors ko capital gains tax se chhut de de! Yeh proposal hai, abhi tak notification ka intezaar hai. Sab log keh rahe hain ki isse rupee ko thoda boost milega. Tax ka chakkar samajh nahi aata, bhai! Daya ka garba yaad hai? Aise hi sab kuch khushiyon se bhara ho sakta hai! Tapu ka chakkar hai, sab dekhte raho!

few days ago | Sunainaa Chadha

Quick rundown

1.India plans to scrap capital gains tax on FPIs in government securities.
2.The move aims to boost foreign investment and stabilize the rupee.
3.Current FPI tax includes 12.5% on long-term gains and 20% withholding on interest.
4.The reform aligns with India's goal to integrate with global capital markets.
5.The ordinance awaits presidential assent before becoming law.