Tax rate must be brought down to global level, says Finance Minister
The Dollar Business Bureau The tax rate in India must be brought down to the global level while removing the exemptions. The above statement was made by the Finance Minister, Arun Jaitley while delivering the Key Note Address after inaugurating the Thirty First Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax. The Finance Minister also spelt-out his vision of an internationally competitive tax regime with a stable policy and a non-adversarial tax administration. The comments made by the Finance Minister assume lot of significance at a time when you cannot have non-uniform and non-transparent tax regime in place and expect foreign investors to be delighted. Taxation policies in India remain inherently ...
