GAAR-Government of India & Global Investors

For those who are not aware just to let you know Goldman Sachs conducted their first ever bord meeting in India against a deteriorating economic and political backdrop in the country, where business is slow, economic growth has cooled and regulation has become a minefield for foreign investors.

GAAR stands for General Anti-Avoidance Rules which was presented by Finance minister in this year finance bill acting as anti global investor and the FIIs are already pulling the plug on such investments which will affect the flow of money into the capital markets. Continue reading “GAAR-Government of India & Global Investors”