New Delhi, June 6 -- The Government has unveiled a series of reforms aimed at significantly increasing foreign participation in India's government securities (G-Sec) market-- a move expected to deepen domestic debt markets, attract long-term capital and strengthen the country's position as a preferred global investment destination.
The reforms include sweeping tax exemptions for foreign investors, expansion of the Fully Accessible Route (FAR) framework and relaxation of several investment restrictions, reflecting the government's broader strategy to integrate India's financial markets more closely with global capital flows.
Under the new tax regime, foreign institutional investors (FIIs) and foreign portfolio investors (FPIs) will no long...