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Ketan Dalal's view on GAAR's impact on Mauritius investment

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Prime minister Manmohan Singh has asked the expert committee to look into the applicability of General Anti-Avoidance Rules or GAAR on portfolio investment by foreign institutional investors or FIIs. Ketan Dalal, Joint Tax Leader, PwC India told NDTV Profit that it is a broader view of GAAR beyond FII investment from Mauritius and thus, more clarity is required on the same.

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