Over the last few weeks, a chorus of voices have flagged their concerns about the regulatory and tax regime.
They argue that it is hurting the ease of doing business and incentivising India Inc to outsource abroad.
The big surprise was when the former revenue secretary Sanjay Malhotra warned the revenue department that tax overreach was threatening India’s growth story.
To unpack these claims, StratNews Global spoke to Arvind Datar on Capital Calculus.
As a senior advocate in the Supreme Court of India he has often crossed swords with the revenue department on behalf of clients challenging this tax overreach.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.
