16-June-2026
Markets and Finance
 
Capital gains tax relief for G-Secs not end of story, more foreign capital needed: FM Sitharaman
15-Jun-2026

The government may consider additional measures to attract foreign capital, Finance Minister Nirmala Sitharaman indicated on June 15, saying recent tax relief announced for sovereign debt was "not the end of the story". "We believe the bond market can be a good way to absorb the capital coming in. As of now we have done it only for government securities," she said. "Certainly, that is not the end of story. We recognise we need more foreign capital coming in," Sitharaman added at the Mindmine Summit 2026 in New Delhi. The Finance Minister said India sees the bond market as an important channel to absorb overseas capital but noted that reforms so far have been limited to government securities. "Between RBI, government we have analysed and taken steps towards capital gains tax, withholding tax," Sitharaman said at the Mindmine Summit 2026.

News Source:- https://www.moneycontrol.com/news/business/markets/capital-gains-tax-relief-for-g-secs-not-end-of-story-more-foreign-capital-needed-fm-sitharaman-13949756.html