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Asia Sentinel
Asia Sentinel
International Investors Start to Sour On India

International Investors Start to Sour On India

Our Correspondent
Apr 11, 2012
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Asia Sentinel
Asia Sentinel
International Investors Start to Sour On India
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India’s recent federal budget measures, including anti-tax-avoidance proposals and others which allow for retroactive tax claims on overseas deals are coming home to haunt the government of Prime Minister Manmohan Singh and poisoning the climate for badly needed foreign direct investment.

FDI soared upward in 2011 by 31 percent, from US$21 billion to US$…

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