International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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FOREIGN DIRECT INVESTMENT IN INDIA : A RETROSPECTION

    1 Author(s):  DR. SURESH KUMAR

Vol -  2, Issue- 1 ,         Page(s) : 159 - 166  (2011 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Improving Taxation Environment: Attracting Foreign Direct Investment in Bharat With gap of the economy in 1991 and later removal of regulative and trade barriers, Bharat became a pretty investment (Foreign Direct Investment-FDI) destination. an oversized variety of multinationals have established operations in Bharat to employ the services of obtainable versatile personnel. Indian tax administration was perpetually gave the impression to be tough. The economic easement had created challenges in desegregation Indian legal system with the globe economy throughout the adjustment section. World money setting had remained depressed since 2008.

1. Sahoo, P., (2006), ‘FDI in South Asia: Trends, Policy, Impact and Determinants’ Asian Development Bank Institute Discussion Paper Series, No.56, Tokyo, 2006.
2. http://dipp.nic.in/English/Publications/FDI_Statistics/2010/FDI_FactSheet_JanuaryFebruaryMarch2010.pdf.
3. http://www.ey.com/sg/en/newsroom/news-releases/news-ey-india-ranked-as-most-attractive-investment-destination-by-global-investors
4. http://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/70-per-cent-of-defence-machinery-imported-while-indian-defence-companies-find-government-a-hindrance/articleshow/18508801.cms
5. See, Rai Ramanakrishna v. State of Bihar (1963 50 ITR 171), Assistant Collector of Central Excise, Calcutta Division v. National Tobacco Co. of India Ltd., [1973] 1 S.C.R. 822; Ujagar Prints v. Union of India [1989] 179 ITR 317 / [1989] 3 SCC 488 [1970] 1 S.C.R. 388

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