India is reportedly planning tax cuts and other measures to boost capital inflows, Bloomberg reports

India is poised to announce cuts to taxes on foreign bond investors and remove ownership caps on some bonds as soon as this week, according to Bloomberg The cabinet is expected to consider eliminating or significantly reducing the 20% levy on interest earned by global funds from Indian bonds The RBI is likely to designate some long-tenor sovereign notes as fully accessible to overseas investors without limits Bloomberg says that the moves come as the INR has fallen more than 6% vs the USD amid US tariffs, record foreign fund outflows and Iran war-related oil costs