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Foreign investors alarmed by India tax move
Country is seeking to tax past untaxed gains; clarification in 2015 budget has not resolved issue
Published Thu, Apr 2, 2015 · 09:50 PM
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Hong Kong
US and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners, following surprise attempts by tax inspectors to claw back money they say is owed on years of previously untaxed gains.
International funds and banks…
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