Taking foreign investors concerns into consideration, Indian government has come up with new structural reforms that help to build confidence in investors.
Union Finance Minister Arun Jaitley on Wednesday said land, labour and taxation are three areas where reforms are totally vital.
Minister further said that aggression in tax approach has been subdued and taxation structures are getting to be lot more compatible and lot less adversarial.
Government will create a permanent consultation mechanism to address investors’ concerns and will provide comprehensively compatible business environment, FM Minister said.
Government authorities and investors see a lot of positive things happening in India, Jaitley said at CII Business Meet.
“I have had a huge interaction with the government authorities furthermore with the investors. I think they see a great deal of positive things in India,”Jaitley said after attending the CII meet.