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Sign in to searchSummary of Important News Items Editorials-361
Summary of Important News Items Editorials-361
INDIAN EXPRESS DATED 06th June 2026.
(for reading INDIAN EXPRESS News items from 1 to 360 please visit -web.prernaforias.com)
1. Government tax relief for FII investment in bonds
The Centre scrapped capital gains tax and withholding tax on Foreign Institutional Investor investment in government bonds to attract dollar inflows and stabilise the rupee. Earlier, FIIs paid 12.5% long-term capital gains tax, 30% short-term capital gains tax and around 20% withholding tax on bond interest. The decision comes amid pressure on India’s balance of payments, with economists estimating a possible deficit of USD 50–60 billion in 2026–27. FII holding in government bo
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