Category: Business, Real Estate

India’s move to exempt foreign investors from capital gains tax on government debt is more than a technical tax tweak. It’s a signal. The government is clearly trying to make Indian sovereign debt more attractive to stable foreign capital at a time when the rupee is under pressure and oil-driven volatility has policy makers on edge. The exemption is for foreign institutional investors and the Bank for International Settlements and is through an ordinance effective April 1, 2026, Reuters said. The RBI is also complementing this with other inflow measures, including support for non-resident deposits and debt-market incentives, Reuters reported.