India delays tax avoidance laws - FT.com: "India will delay the introduction of wide-ranging proposed tax avoidance laws by one year, in a move designed to placate international investors worried over increasingly erratic legal changes.
In the latest in a series of delays and policy reversals, Pranab Mukherjee, the finance minister, confirmed in parliament that the introduction of the general anti-avoidance rules (GAAR) would be deferred until April 2013."
Monday, May 07, 2012
Government avoids right action
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