LGT Wealth India suggests Budget 2026 can boost overseas investing by restoring TCS on remittances to 5% and offering multi-year policy clarity. Aligning tax treatment of global equities with domestic ones and streamlining the Liberalised Remittance Scheme (LRS) are also key to encouraging systematic global diversification for Indian households.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,