https://www.taxtmi.com/news?id=73187 Monetary policy remained unchanged as the Monetary Policy Committee kept the benchmark repo rate at 5.25 per cent and continued with a neutral stance, while adopting a data-dependent approach in view of elevated global risks. The Reserve Bank lowered its growth projection for the year and revised inflation expectations upward, while cautioning that energy shocks and supply pressures could feed into wages and inflation expectations. Measures were also announced to attract foreign capital and support the rupee, including tax relief for eligible foreign investors in government securities, concessional foreign-exchange swaps, and subsidised hedging costs for fresh FCNR(B) deposits. en-us Fri, 05 Jun 2026 12:16:03 +0530 Fri, 05 Jun 2026 12:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73187 Monetary policy remained unchanged as the Monetary Policy Committee kept the benchmark repo rate at 5.25 per cent and continued with a neutral stance, while adopting a data-dependent approach in view of elevated global risks. The Reserve Bank lowered its growth projection for the year and revised inflation expectations upward, while cautioning that energy shocks and supply pressures could feed into wages and inflation expectations. Measures were also announced to attract foreign capital and support the rupee, including tax relief for eligible foreign investors in government securities, concessional foreign-exchange swaps, and subsidised hedging costs for fresh FCNR(B) deposits. News - Fri, 05 Jun 2026 12:16:03 +0530 https://www.taxtmi.com/news?id=73187