The developed nations now look at India Inc. as good and favourable investors
There's opportunity in every threat An adverse outcome in the Vodafone case may hamper foreign investment flow into India and act as a barrier for investments into India, cautions Mr Magnus Johnsson, Global M&A Tax Head, PricewaterhouseCoopers. Companies would think twice before investing here as you don't want to pay tax (thereby reducing their effective returns) on selling the investments, he adds during a recent email interaction with Business Line.
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