Indian markets have fared much better in terms of foreign portfolio investor (FPI) inflows during the years when Long Term Capital Gains(LTCG) tax was exempt compared to the period after this tax was reintroduced, data compiled by Moneycontrol showed. Since 2018, when the Centre reintroduced LTCG tax on listed equities, FPIs have net sold shares worth Rs 1.43 lakh crore in the Indian markets. In contrast, during the period between 2005 and 2018, when LTCG was exempt, FPIs had bought shares worth Rs 7.4 lakh crore on a net basis.