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Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => Topic started by: chetan on November 19, 2012, 11:27:00 AM

Title: Will policy fireworks re-start in Delhi ?
Post by: chetan on November 19, 2012, 11:27:00 AM
Economic reforms are expected after hiatus arising due to the Diwali break. Horse trading in Delhi is in full swing particularly with regards to bills which need to go through Parliament (such as the Banking Amendment Bill). Our view remains that the FDI Insurance the Banking Amendment Bill is likely to be passed whilst FDI in Pensions is still in the balance. The Land Acquisition bill, however, looks unlikely to go through.

Burying GAAR for good (click on the following link for the Times of India story that where he says that he has signed off on the GAAR amendements and the matter is now approving the PM's and the Cabinet's approval

The FM is trying to move the long awaited Direct Taxes Code (DTC) forward