MUMBAI The government is expected to notify on reducing withholding tax on rupee-denominated infrastructure bonds soon, the Reserve Bank of India Deputy Governor H.R. Khan said.
Khan was speaking at an event organised by the Confederation of Indian Industry.
He also said the central bank was considering whether foreign investors can be allowed to participate in currency futures trading.
(Reporting by Neha Dasgupta; Editing by Anand Basu)
Trending On Reuters
One of India's most powerful politicians, Jayalalithaa Jayaram, was sworn in as chief minister of Tamil Nadu following a nine-month break, after a court overturned her conviction in a corruption case. Full Article
Gold demand slows as China eyes equities; lack of weddings in India weighs Full Article