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International business council says GAAR proposals too vague

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A group of leading US-based MNCs have expressed their concern over the draft GAAR taxation proposals, saying that the proposed regulations are 'too vague' to comfort the business investors.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.