India Said to Ready Tax Cut Plans to Attract Foreign Bond Buyers

India is reportedly preparing to unveil measures aimed at boosting foreign investment by cutting taxes and lifting ownership caps on certain bonds, potentially as early as this week. This move is part of a broader strategy to make the country more attractive to global bond investors, which could help stabilize its economy and improve its fiscal health. Such changes are significant because they could lead to increased foreign capital inflows, which are crucial for funding infrastructure and fostering economic growth. For more details, you might want to check out the full article on Bloomberg.