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PMO asks commerce ministry to examine model text of investment treaty

The Prime Minister s Office has directed the commerce ministry to review the existing model text of bilateral investment treaties (BIT) to enhance the ease of doing business. Currently, only seven countries have accepted this model, with many developed nations expressing concerns, particularly regarding dispute resolution provisions. ....

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Why India needs a forward-looking approach to Bilateral Investment Treaties

The government’s renewed push is a step in the right direction. However, it must do away with its one-size-fits-all approach ....

United Kingdom , Republic Of India , Cairn Energy Plc , International Chamber , White Industriesv Republic Of India , Parliamentary Standing Committee On External Affairs , White Industries , Parliamentary Standing Committee , External Affairs , Bilateral Investment Treaties , Union Budget 2024 , Nirmala Sitharaman , Ndias Trade Partners , Oereign Direct Investment , Foreign Direct Investment Inflow , 016 Bit Model Adoption , Ndias Bilateral Treaties , Ndian Express News ,

India negotiating bilateral investment treaties with different countries: FM Nirmala Sitharaman

India is negotiating bilateral investment treaties with different countries with a view to promote foreign inflows, Finance Minister Nirmala Sitharaman said on Thursday. She said that foreign direct investment (FDI) has doubled during 2014-23 to USD 596 billion compared to the inflow received during 2005-14. ....

United Kingdom , Nirmala Sitharaman , Cairn Energy , Finance Minister Nirmala Sitharaman , Cairn Energy Plc ,

Govt eyes higher capital gains tax for top income earners to curb inequality: Report

While India levies a tax of as much as 30% on income, it taxes gains on certain asset classes such as equity funds and stocks at a lower rate ....

United States , Vodafone Group Plc , Cairn Energy Plc , Finance Ministry , Capital Gains Tax ,

Income Tax: PM Modi looks to change capital gains taxes; details here

India’s reliance on indirect taxes levies on consumption rather than direct taxes on capital is often cited by economists as the main culprit behind the country’s poor getting left behind even as the nation minted 70 new millionaires each day between 2018 and 2022. ....

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