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GAAR deferred to April 2016, won't apply to NRI in FIIs: FM

Finance minister P Chidambaram on Monday deferred implementing the controversial GAAR (General Anti-Avoidance Rules) aimed at curbing tax evasion, to April 2016. This is in line with what the Shome Committee reviewing the rules had recommended to the government.

first published: Jan 14, 2013 02:11 pm

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