08-June-2026
Markets and Finance
 
India eyes major bond index entry as tax exemptions sweeten appeal
08-Jun-2026

India plans to make a renewed pitch for inclusion of its sovereign debt in major global bond gauges, including the Bloomberg Global Aggregate Index, after exempting foreign investors from capital gains and withholding taxes and vastly widening the investable pool of long-dated securities, officials said. Reserve Bank of India (RBI) and finance ministry officials may also reach out to the Basel-based Bank for International Settlements (BIS) for talks, they said. BIS has been given a special tax-exempt status in the latest rejig. BIS invests significantly in government securities (G-secs) and enjoys tax-free status everywhere.

News Source:- https://economictimes.indiatimes.com/markets/bonds/india-eyes-major-bond-index-entry-as-tax-exemptions-sweeten-appeal/articleshow/131576195.cms