The Finance Ministry said there is no proposal to scrap the 12.5% LTCG tax on equity investments for domestic investors. FPI tax relief applies only to bonds.

The Finance Ministry said there is no proposal to scrap the 12.5% LTCG tax on equity investments for domestic investors. FPI tax relief applies only to bonds.

India's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in government debt. Domestic investors…