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Salve: Need for stability in tax regime

India needs a progressive and stable tax regime along with liberalised tax policies.

India needs a progressive and stable tax regime along with liberalised tax policies so that they dont become a deterrent for foreign investors,Harish Salve,senior advocate,Supreme Court,today said at a function of OP Jindal Global University.

Pointing out that Indian taxation has been disproportionately high,Salve,who represented Vodafone in its Rs 11,200-crore tax dispute with the Indian tax authorities,said that as the exposure to the problems of transfer pricing and structuring increases,there is a strong need for stability in our tax regime.

Salve said,We need to develop understanding of how taxation as a concept has changed dramatically.

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