0% Tax for Global Investors: The June 26th Amendment Explained | Bhatt & Joshi Associates

The June 26th Income Tax Ordinance completely reshapes the landscape for foreign investments in India. Historically, global fund managers, HNIs, and Family Offices looking to enter the Indian treasury or equity markets via the FII route faced a 20% withholding tax on bonds or a 12.5% Long-Term Capital Gains (LTCG) tax on equity profits. With this landmark amendment, the Government of India has eliminated these barriers, making specific foreign inbound investments entirely tax-free with 100% repatriation. Backed by a robust 7.8% GDP growth rate, India is providing an unprecedented economic window for institutional capital seeking stable, high-yield, and entirely tax-optimized growth. Looking to navigate the legal nuances of the new ordinance for your fund or family office? Connect with our team at Bhatt & Joshi Associates for structural legal advisory. Visit our website to learn more.

Added 25 Jun 2026