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Retrospective Tax News

10% duty will add to capex burden by Rs 1,000 crore: COAI
Industry body Cellular Operators Association of India (COAI) has said that 10 percent duty imposed on telecom products that fall outside the WTO pact will result in added capex burden of Rs 1,000 crore, while appreciating budget proposals like setting up ...
Is retrospective tax a threat to Foreign Direct Investment?
In calendar year 2011, China attracted foreign direct investment (FDI) to the tune of a staggering $116 billion. India on the other hand is likely to report cumulative FDI inflows for the fiscal 2011-12 of around $36.50 billion. India is ...
Is Retrospective Tax Threat Foreign Direct Investment
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