India takes action against 'tax terrorism' - 0 views

• 
  #1 india incorporated on 16 Feb 15

   

  Prime Minister Narendra Modi's Make in India initiative, which envisages turning India into a global manufacturing hub, is facing an unexpected roadblock. The Indian taxman continues to create hurdles in the path of both inward and outward investments to and from India. Over the last three-four months the Income Tax department has sent at least 30 notices to foreign investors questioning their investments in Indian subsidiaries and demanding taxes on the same. 
  
  Read more...
  
  Visit us at: www.indiaincorporated.com

   

  <div class="cArrow"> </div><div class="cContentInner">Prime Minister Narendra Modi's Make in India initiative, which envisages turning India into a global manufacturing hub, is facing an unexpected roadblock. The Indian taxman continues to create hurdles in the path of both inward and outward investments to and from India. Over the last three-four months the Income Tax department has sent at least 30 notices to foreign investors questioning their investments in Indian subsidiaries and demanding taxes on the same. <br /><br /><a rel="nofollow" title="Link: http://www.indiaincorporated.com/item/4301-india-takes-action-against-tax-terrorism.html" href="http://www.indiaincorporated.com/item/4301-india-takes-action-against-tax-terrorism.html">Read more...</a><br /><br />Visit us at: <a rel="nofollow" title="Link: http://www.indiaincorporated.com" href="http://www.indiaincorporated.com/">www.indiaincorporated.com</a></div>

  ...

  Cancel

To Top