India will take more steps to spur foreign capital inflows, not stopping with the recent announcements made by the government and the Reserve Bank of India, Finance Minister Nirmala Sitharaman said on Monday. “We will be doing more. We recognise we need more foreign capital to come in,” she said at the Hero Mind Mine Summit here. On June 5, the government and RBI launched a coordinated, multi-pronged package to combat persistent Foreign Portfolio Investor (FPI) sell-offs, ease balance-of-payments (BoP) pressures, and stabilise the rupee. Through an Ordinance, the government scrapped 20% withholding tax on interest income on government bonds and the 12.5% long-term capital gains (LTCG) tax on foreign bond holdings