Would SEBI’s proposed LTCG changes simplify taxes for foreign and mutual-fund investors?

SEBI proposes exempting foreign investors from India’s 12.5% long-term capital-gains tax.

SEBI proposed removing LTCG tax for foreign national investors.

POV: You're an FPI in India vibing with zero capital gains tax while the local investors are just out here paying their 12.5% like it's rent. The way that's a W for them and an L for us, bro.