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FPI inflows into FAR securities rise by ₹8,795 crore after tax exemption

Foreign portfolio investors (FPIs) have invested Rs 8,794.743 crore in government securities under the Fully Accessible Route (FAR) after the government exempted them from income tax on interest income and capital gains arising from investments in these bonds. According to data from the Clearing Corporation of India Ltd (CCIL), FPI holdings in FAR securities stood at Rs 3.32 lakh crore on Tuesday, up from Rs 3.23 lakh crore on June 3. FAR allows non-resident investors to invest in specified Gov…

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Business StandardCenter·2h ago
FPI inflows into FAR securities rise by ₹8,795 crore after tax exemption
Foreign portfolio investors (FPIs) have invested Rs 8,794.743 crore in government securities under the Fully Accessible Route (FAR) after the government exempted them from income tax on interest income and capital gains arising from investments in these bonds. According to data from the Clearing Corporation of India Ltd (CCIL), FPI holdings in FAR securities stood at Rs 3.32 lakh crore on Tuesday, up from Rs 3.23 lakh crore on June 3. FAR allows non-resident investors to invest in specified Gov…
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FPI inflows into FAR securities rise by ₹8,795 crore after tax exemption

How 1 sources are covering this

FPI inflows into FAR securities rise by ₹8,795 crore after tax exemption

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