You are here: Home » Budget » Budget 2017 » Budget Market News
Business Standard

Measures expected from India's annual budget that could impact markets

Govt set to announce additional details behind GAAR, which will be implemented starting April 2017

Reuters  |  Mumbai 

Investors in India are bracing for higher taxes and less incentives from the government's annual budget to be unveiled on February 1 as the focus shifts to wringing out revenues to finance giveaways and higher public investment to support the economy. Below are the main elements expected in the measures that could impact markets: Guidelines for General Anti-Avoidance Rules (GAAR) - Government set to announce additional details behind GAAR, which will be implemented starting on April 2017. - GAAR is meant to crack down on tax havens, making it harder to claim some tax ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, January 28 2017. 04:57 IST