Geithner to raise US biz concerns with Mukherjee

Finance Minister Pranab Mukherjee will on Thursday meet his American counterpart Timothy Geithner who is expected to raise concerns of the US corporate sector over doing business in India. The meeting, on the sidelines of the Annual Spring session of the International Monetary Fund and World Bank, will happen within a couple days of about a dozen US industry associations writing to the US Treasury Secretary to take up the controversial move by India to amend the Income Tax Act with retrospective effect.