Corporate America urges Arun Jaitley to further reduce tax uncertainty

The US-India Business Council (USIBC) has urged finance minister Arun Jaitley to further cut back tax uncertainties for multinational companies and institutional investors. The USIBC recommended that compliance burden on service sector ought to be reduced by bringing down the frequency of return filing. It further that lack of certainty in some tax policy acts as "major deterrent" for global capital.readmore@Indian Express