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GAAR & the future of Funds in India – Another lifeline!

BY  Anil Talreja
There is a clear signal to the government to amend its laws to make it tax friendly in the backdrop of bringing in certainty to investors.

The much talked about anti avoidance proposals (commonly referred to as GAAR), have brought a breather in the future of Private Equity Funds in India.

The Expert Committee formed by the government to examine GAAR (Shome Committee) has...

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