Indian Government Eliminates Capital Gains Tax for FPIs in Government Securities

The government has announced a major change to tax policy. Capital gains tax has been removed for Foreign Portfolio Investors. This specific relief applies to those investing in Indian government securities. The decision was reported by Saptashwa TV. This move is intended to influence investment in government bonds. It aims to attract more foreign capital into the domestic market. Investors in government securities will see the immediate impact of this change. The policy shift represents a strategic adjustment in fiscal regulation.