Budget 2026: Overseas Indians Can Now Invest More in Indian Equities
News
F
Firstpost•01-02-2026, 12:23
Budget 2026: Overseas Indians Can Now Invest More in Indian Equities
- •Finance Minister Nirmala Sitharaman announced that Persons Residing Outside India (PROI) can now make equity investments in listed Indian companies via a portfolio investment scheme.
- •The investment limit for PROIs has been increased from 5% to 10%.
- •The Budget 2026-27 also includes plans to develop infrastructure in cities with over 5 lakh population and upgrade the WHO Global Traditional Medicine Centre at Jamnagar, Gujarat.
- •India's telescope infrastructure will be upgraded to promote astrophysics and astronomy, and a pilot scheme will train 10,000 guides at 20 iconic tourist sites.
- •The Centre will develop ecologically sustainable trails in Himachal Pradesh, Uttarakhand, and Jammu and Kashmir, promoting mountaineering and tourism.
Why It Matters: Overseas Indians can now double their equity investment limit in Indian companies, boosting foreign capital inflow.
✦
More like this
Loading more articles...
