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)
'No intent to tax retrospectively'