Business Standard

The British premier said there was great excitement in

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Press Trust of India
his country over the fact that India is planning to add 40 million seats in its universities. "We are also excited that you are going to double your spending on health as share of your GDP and we want to help you provide those services as well," he said. Pitching for highly aggressive forms of tax avoidance to be regarded as similar to illegal tax evasion, Cameron asked businesses to pay their due share of tax. "Taxation is a part of the cost of doing business... I think the lesson for business should be, if we are cutting this rate of tax down to low levels, you should be paying that rate of tax rather than seeking ever more aggressive ways to avoid it," he said.

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First Published: Feb 18 2013 | 4:30 PM IST

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