New Delhi, May 25 -- Mumbai - The government is open to stakeholder views on reducing capital gains tax on investments in stock markets, aiming to make domestic markets more attractive to foreign portfolio investors (FPIs), Finance Minister Nirmala Sitharaman said on Monday.

Foreign portfolio investors have been fleeing Indian markets, driven by higher capital gains taxes, a weaker rupee, and shifting global allocations.

"On this issue, and on every other issue, we are always ready to listen to people. We will take their inputs," Sitharaman said in response to a question on whether the government is considering reducing such taxes. She was speaking on the sidelines of an awards function organised by the Cotton Textiles Export Promotion ...