business

Govt needs to defer implementation of GAAR: BMR Advisors

The government's clarification on General Anti-Avoidance Rules (GAAR) provisions is still awaited. Mukesh Butani, chairman of BMR Advisors says, market is overreacting to uncertainty on GAAR. "The government is mindful of unintended consequences of GAAR," he adds.

first published: Mar 30, 2012 10:55 am