India Exempts Foreign Investors from Capital Gains Tax to Attract Foreign Investment
The Indian government has exempted foreign investors and the Bank for International Settlements (BIS) from income tax on interest or capital gains, effective April 1, 2026. This move is part of broader efforts to attract foreign portfolio investment amid significant outflows. The Reserve Bank of India also expanded investment limits for non-resident Indians.
Topics: capital gains tax exemption foreign investment India's economy Reserve Bank of India (RBI)