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Until vodafone issue resolved.....


Sathish M (Management Accountant)     05 March 2013

Sathish M
Management Accountant 
 3424 likes  40563 points

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India's finance minister Monday said that the government will wait to resolve a $2 billion dispute with Vodafone Group VOD.LN -0.36% PLC before making any changes to a law which seeks to retrospectively tax overseas deals involving Indian assets.
"We have decided that the appropriate time to go to parliament is after we have been able to resolve the Vodafone case and get clarity on how that is resolved," P. Chidambaram told industry representatives in a speech.
 
Source: WSJ

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