India Clears Tax Breaks for Foreign Investors in Government Debt

India's Parliament has given the green light to tax reductions for foreign investors purchasing government debt, a move designed to lure more foreign capital into the country's economy. This decision is part of broader efforts to strengthen India's financial markets and bolster its standing as a key player in Asia's economic landscape. By easing tax burdens, India aims to make its debt instruments more attractive to international investors, which could lead to greater economic stability and growth.