Why Temasek may miss out on India tax sops but GIC can reap a harvest

By Aman Malik

  • 04 Mar 2020
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Credit: Reuters

In the union budget this year, finance minister Nirmala Sitharaman laid out the red carpet for a section of foreign investors as she granted a tax exemption to sovereign wealth funds for investments into India’s infrastructure sector. This move, the government hopes, will go some way in funding the Rs 103 ......

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