Regardless of everything though, the bill is a welcome move on the part of the government, that should boost investor confidence in India by providing some much-needed tax certainty
"It is important to say that the LIC IPO should happen on time. The privatisation of the public sector, couple of the banks, and the insurance companies should happen. This will then create traditional confidence."
"It is important to say that the LIC IPO should happen on time. The privatisation of the public sector, couple of the banks, and the insurance companies should happen. This will then create traditional confidence, says the Chairman and MD of Bajaj Finserv."
The government's move to end retrospective tax signified the undoing of a mistake in made in the past, Prime Minister Narendra Modi said today at the annual meeting of the Confederation of Indian Industry or CII.