Union Budget 2026: Can PROIs save Indian stock market from FII sell-offs?

In her Union Budget speech, Sitharaman announced that the investment cap for persons resident outside India (PROI), has been raised to 10% of a company’s paid-up capital from the earlier level. Govt weighs LIC FPO …

In her Union Budget speech, Sitharaman announced that the investment cap for persons resident outside India (PROI), has been raised to 10% of a company’s paid-up capital from the earlier level.

Govt weighs LIC FPO next year to meet 10% public shareholding rule

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Relief for third parties caught in search cases, budget also tweaks timelines for block assessments

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