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    HomeNewsBusinessPersonal FinancePersonal Finance: Tackling high tax collected at source on overseas investments 

    Personal Finance: Tackling high tax collected at source on overseas investments 

    The proposed 20 per cent tax at source on overseas investments could deter incremental investments. But is this a temporary measure to combat inflation and pressure on the currency?  

    Lisa Barbora
    March 10, 2023 / 08:27 IST
    The Indian rupee has lost roughly 9 percent value against the US dollar in the last one year. India is a net importer and a declining Rupee is undoubtedly going to impact the balance of payments.
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