Profit

Finance Bill: Adi Godrej, Rajiv Kumar discuss the impact

PUBLISHED ON: May 9, 2012 | Duration: 10 min, 32 sec

  
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Rajiv Kumar, Secretary General, FICCI and Adi Godrej, Chairman of Godrej Group & CII President discuss the impact of the Finance Bill with NDTV Profit's Ira Dugal. "Apart from Vodafone, there are several major amendments including the one on royalty. Retrospective amendments have caused negative sentiment amongst investors," said Godrej. While supporting the finance minister's statement that India should never be allowed to sue a tax haven, Kumar said that it is also important to ensure that investment keeps happening.
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