business ποΈ Tax policy needs independent research, says FM Sitharaman
Union Finance Minister Nirmala Sitharaman called for independent tax policy research to enter public discussion. She stated this while speaking at the Eighth International Tax Conference in Bengaluru. The Minister highlighted that the government rationalized TDS and TCS provisions and reduced criminal consequences. She also mentioned that India renegotiated tax treaties with Mauritius, Singapore, and Cyprus. This move aimed to restore India's right to tax capital gains at source.