No Arbitrariness in Tax Matters - PM/FM
THE Prime Minister/Finance Minister in an interview to Hindustan Times, said, "We want the world to know that India treats everyone fairly and reasonably and there will be no arbitrariness in tax matters." Does it ring like Vodafone? He said the India Growth Story is intact.
In the short run, he wants to bring complete clarity on all tax matters. Mr. Prime Minister, you are a professor of economics - please read the new Service Tax provisions and check for yourself how much clarity you could find in them.