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Government Accepts Shah Panel Report on Tax Waiver in Big Relief for Foreign Investors | Read

PUBLISHED ON: September 1, 2015 | Duration: 2 min, 20 sec

  
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n a move to placate foreign investors, the government has accepted a report on minimum alternate tax or MAT which recommends a waiver of tax on capital gains of earlier years. "Today I have accepted the report of the AP Shah Panel," Mr Jaitley said on Tuesday evening, explaining that the report suggests that no retrospective tax be levied on foreign investors.
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