BT Explainer: Tax free G Secs for FIIs: Can the move help bridge India’s ₹4.76 lakh cr funding gap?
In a major policy push to attract overseas capital, the Centre has exempted foreign investors from paying taxes on interest income and capital gains earned from investments in Indian government securities (G-Secs). The move, coupled with RBI measures to boost dollar inflows, is aimed at strengthening India’s external position at a time of rising geopolitical…

