Settling legacy tax disputes could go a long way in convincing global investors about a stable investment climate in the country
The incumbent central government, led by the National Democratic Alliance (NDA), may love to hate the previous UPA (United Progressive Alliance) legacy on many counts, but one move of the former Congress regime that the Modi administration has accepted without qualms is retrospective taxation. And, in doing so, the Centre has unnecessarily put itself in an embarrassing situation on the global stage at a time when different countries are trying to improve their investment climate in a pandemic-hit world. The latest…
