It added the decision regarding the same would be conveyed when the Finance Bill is discussed and passed in the parliament.
"Representations have been received requesting for withdrawal of the proposal to
introduce tax on long-term capital gains on listed securities introduced through the
Finance Bill, 2018," Minister of State for Finance Shiv Pratap Shukla told the Rajya Sabha in a written reply.
"The decision will be reflected in the official amendment, if any, to the Finance Bill, 2018 at the time of consideration and passing by the parliament," he added.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
