Finance Minister spoke of many administrative and economy reforms in his Budget 2013-14 speech, but they seems to be far from ground reality, believes Bhavna Doshi of KPMG.
The Parthasarathi Shome Committee set up by the government has said retrospective amendments in tax laws targeting overseas mergers and acquisitions of companies with assets in India, should be scrapped.
Finance Minister Pranab Mukherjee 'clarification' on Friday has created more confusion rather allaying fears among foreign investors, believes Bhavna Doshi, president oif Indian Merchants Chamber.