fdi

India Budget 2024: Key Changes Affecting Foreign Investors

Analysis of Union Budget 2024 provisions that directly impact foreign companies and FDI in India.

A

Accountify Editorial Desk

Finance Expert

3 February 2024
1 min read
2662 views

Budget 2024: What Foreign Investors Need to Know

The Union Budget 2024 brought several changes affecting foreign-invested companies.

Key Changes

  • Capital gains: LTCG on listed shares increased to 12.5%
  • Angel tax: Abolished for all categories of investors
  • FDI simplification: Further liberalization in space, defence sectors
  • GIFT City: Additional benefits for IFSC units

Impact

Abolition of angel tax removes a major hurdle for foreign investments in startups. The LTCG increase slightly impacts portfolio investors but doesn't affect FDI significantly due to DTAA benefits.

Get a personalized analysis from our tax team.

Free checklist

Download FDI Checklist

Step-by-step compliance guide for setting up operations in India.

Free Financial Health Check

Get a personalized assessment of your business finances. Enter your email and our CA team will reach out.

Tags:

#Union Budget 2024 FDI
#India budget foreign investors
#tax changes India 2024
#corporate tax India 2024

Questions & Discussion (4)

Have a question about this topic? Our CA team reads every comment.

Email is kept private and used only to respond to your query.

P
Playwright Tester10 Feb 2026

This is a test question about the Union Budget 2024 from Playwright automation. What are the key changes for foreign investors?

L
Lead Test 552e10 Feb 2026

I have a question about foreign investor taxation rules in the 2024 budget. Can you explain?

T
Test User10 Feb 2026

What are the key implications of the Union Budget 2024 for FDI investors in manufacturing sector?

R
Raj Patel10 Feb 2026

What are the specific LTCG changes for NRIs? Does this affect my mutual fund investments in India?

Need Expert Financial Guidance?

Our team of Chartered Accountants can help you with all your finance, accounting, and compliance needs.

Subscribe to our blog

Get the latest finance insights and tax tips delivered to your inbox.

Virtual CFO Consultancy

The client-facing advisory practice of NSRM & Associates — Chartered Accountants. We help SMEs, startups and family businesses with CFO-level financial expertise on a flexible retainer.

Mumbai | Bangalore | UAE

Quick Links

Services

  • Virtual CFO Services
  • MIS Reporting
  • GST & Compliance
  • Fundraising Support
  • International Tax

© 2026 Virtual CFO Consultancy (NSRM & Associates). All rights reserved.