The commentary from BMI comes amid many economists and bond-market experts in India factoring in a further quarter percentage point reduction in policy rates, lowering terminal rate expectations to 5% in the current easing cycle after RBI looked past a sharply retreating rupee to deliver a rate cut last Friday.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while