This refers to the report "Govt won't appeal in Vodafone case" (January 29). By veering away from the path trodden by the United Progressive Alliance, the Bharatiya Janata Party government has sent out a strong message that it believes in a fair and transparent tax regime. The decision not only gave the world's second-largest telecom firm a relief, but also raised hope among 20 such multinational companies facing similar disputes in India. While the move would bring much cheer to global investors, there are other vexing issues that need to be sorted out by the tax authorities. More sops and an investor-friendly tax administration are the need of the hour.
N J Ravi Chander Bengaluru
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