NRIs Rejoice: Finance Bill 2025 Expands Tax Exemptions to FPIs, Boosting Foreign Investment in IFSC
2025-02-01
Business Today
In a significant move to attract foreign investments, the Finance Bill 2025 has widened tax exemptions under the Income-tax Act's section 10(4E) to include Foreign Portfolio Investors (FPIs) operating within the International Financial Services Centre (IFSC). This expansion will provide a major boost to Non-Resident Indians (NRIs) and foreign investors, offering them greater benefits on income from derivative transactions. With this amendment, India's IFSC is poised to become a more attractive destination for global investors, promoting economic growth and foreign investment inflows. Key terms like foreign investment and tax exemptions are expected to play a crucial role in this development.
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