India’s tax authority shake-up suggests it is reversing aggressive stance to attract FDI

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India’s tax authority shake-up suggests it is reversing aggressive stance to attract FDI

Joe Dalton
July 17 2013
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India’s Ministry of Finance has put a new competent authority in place and announced that the government is keen to provide a suitable mechanism for resolving tax disputes with foreign multinationals. Advisers say the government may finally be backing up Minister of Finance Palaniappan Chidambaram’s rhetoric on attracting foreign direct investment (FDI) with some concrete action.

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