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    "id": 580656,
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    "content": "(b), by deleting subparagraph (ii) and inserting the following new paragraph— (i) by deleting paragraph (i) and substituting therefor the following paragraph— (m) winnings payable by bookmakers to punters (players). The last time, we introduced Capital Gains and later on, it was found out that it was difficult to implement that proposal on shares. The Cabinet Secretary has proposed 0.3 per cent as a transaction fee and not the Capital Gain. After deliberations, we were shown a comparative analysis showing what they do in South Africa, Nigeria and Egypt. It was shown that our Stock Exchange is very expensive. We agreed to leave our Stock Exchange to grow first and as it builds up, then we can introduce this. So, we agreed to remove the 0.3 per cent to allow our Stock Exchange to grow and then we can move forward slowly and as we work out the modalities of how to collect this."
}