Government Succumb to pressure of Investors- Capital Gain Tax gone

The press release from KSE clearly states that government has abandon capital gain tax for next two years. This clearly marks the pressure that investors had put on the government in the recent past.
KSE investors were reluctant to give tax on the capital that they gain.A capital gains tax (abbreviated: CGT) is a tax charged on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a lower price.
If US$ 73 billion (As of December 20, 2007) industry is not ready to give tax to help the people of this country then i would love to see Pakistan merge back into India cz they do have CGT for people. Thats how nations progress!!

Shame on there monsterous souls!!