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Budget 2013-14: GAAR amended and deferred, the fine print

Eight months after the passage of the Finance Bill, the finance ministry today finally sought to cap concerns over the General Anti Avoidance Rules (GAAR) by deferring them for two years, making it clear that foreign capital inflows and the rupee take precedence over concerns of black money.

first published: Jan 14, 2013 09:20 pm

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