CII meet: Fixing mistakes of past, retrospective tax move will build trust, says PM Modi - News Summed Up

CII meet: Fixing mistakes of past, retrospective tax move will build trust, says PM Modi


PRIME MINISTER Narendra Modi Wednesday said the decision to end retrospective taxation would strengthen trust between the Government and industry. He said the Government is pushing the boundaries on reforms and that its recent legislative measures will help small investors and depositors. “Recently, fixing mistakes of the past, we have decided to end retrospective taxation. Stressing that the Government was pushing the boundaries in taking bold decisions, Modi said recent reforms have been done with conviction. It requires major participation from industry,” Modi said.


Source: Indian Express August 11, 2021 22:30 UTC



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