Will new GAAR panel make a difference?

In the latest edition of We Mean Business, experts Dinesh Kanabar, deputy CEO and chairman (tax), KPMG; Bijal Ajinkya, partner, head of tax practice, Nishith Desai Associates; H.P. Ranina, corporate tax lawyer; Anuradha Dutt, partner, DMD Advocates & Vodafone counsel; Aseem Chawla, partner, head-tax practice, MPC Legal, and R. Prasad, former chairperson, CBDT and Member, CCI, discuss whether the newly constituted GAAR panel can modify the tax laws to satisfy foreign investors and whether the government will do anything to soften the retrospective tax blow.