The Economic Times

Overseas individuals can raise equity investment to 10% from current 5% through PIS in listed stocks: Budget 2026

Union Budget 2026 will allow Non-Resident Indians to invest in Indian equities via the Portfolio Investment Scheme, increasing individual limits to 10% and overall PROI limits to 24%. This move is expected to significantly impact equity markets, while AIFs and REITs are unlikely to be affected due to their existing tax advantages.