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India to drop capital gains tax for foreign investors in government bonds, source says

By Ira Dugal MUMBAI, June 4 (Reuters) – India plans to scrap capital gains tax on foreign portfolio investments in ‌government securities, which could help boost such inflows, ‌a source familiar with the matter said on Thursday. The South Asian nation is ​looking to attract foreign capital to counteract pressure on its rupee currency, which…

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