Post by Aurtus Consulting LLP
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The Government has announced tax exemptions to strengthen investments in G-Secs by institutional investors. This is complemented with initiatives by the Reserve Bank of India (RBI) to relax limits for FPI investment in G-secs and to broaden eligible instruments for investments under Fully Accessible Route. Additionally, amendments are also proposed to liberalise investments under Portfolio Investment Scheme. Please refer to our alert summarizing the key tax and regulatory amendments. #IncomeTax #FPI #FinancialServices #Aurtus Vishal Gada | Rutul Shah | Zeel Jambuwala | Jay Parmar | Ritesh Kanodia | Meetika Baghel