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23 Jan 2012

Taxing Question

Transparent laws will boost investments


Taxing Question

-The Times of India, January 23, 2012

"The Supreme Court ruling in favour of Vodafone in its tax dispute with the government - the whopping amount of Rs 11, 800 crore is at stake - should bring cheer to foreign investors as it sends a reassuring signal about the prevalence of the rule of law in India."

The recent landmark case will instill hope and courage in making investments in India. Transparent laws are needed, and so are predictable rules and regulations, which together make investors aware of "what they are in for when they choose to operate in India."

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