Economic TimesLean R·
'India scraps bond tax to woo Bloomberg index'
NEW DELHI: The Indian government decision to scrap capital gains tax on foreign portfolio investments in government securities is aimed at helping India's inclusion in Bloomberg's Global Aggregate Index, a government official said on Tuesday.India's fertiliser ministry is seeking doubling of the budgeted subsidy amount as global prices rise amid the U.S.-Israeli war with Iran, the official said.
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