Summary of Important News Items Editorials-339
Summary of Important News Items Editorials-339
INDIAN EXPRESS DATED 15th May 2026.
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1. Government considers cut in withholding tax to attract foreign investors
The Centre and RBI are considering reducing or removing withholding tax on government bonds held by foreign investors to revive capital inflows amid external economic pressure. The logic is that India needs stable foreign investment to defend the rupee, strengthen forex reserves and manage current account stress caused by the West Asia conflict. The stand reflects cautious economic management balancing
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