According to CoinMeta, Rishesh Shah, the chairman of India's Edelweiss Financial Services Group, stated that India should consider abolishing the capital gains tax imposed on foreign investors in order to help boost the domestic stock market. As calls for tax exemptions for foreign investors grow louder, the market hopes that this move will encourage capital inflows and provide support for the Indian rupee. Shah pointed out that India needs to show a welcoming attitude towards foreign investors and that abolishing the capital gains tax may be a more achievable solution to attract them back.