'No intent to tax retrospectively'

New Delhi, April 27: Clarifying that the central government does not intend to tax retrospectively, Fince Minister Arun Jaitley on Monday reiterated that the taxation policy has to be “non-adversarial” so as to encourage foreign investments. “Our taxation process has to be simpler to increase tax buoyancy. Our taxation policy has to be non-adversarial. The government does not intend to tax people retrospectively,” Jaitley said delivering the D.P. Kohli Memorial Lecture instituted in memory of the Central Bureau of Investigation’s first director.  (IANS)