Doing business in India: Cairn survey, SUC indecision add to mess

Despite doing several things right, from changing the environment minister to showing more flexibility on FDI in retail, the government continues to get it wrong on critical issues. The income tax survey of Cairn India’s premises being one such. After all, when the government realised the mess the Vodafone retrospective tax amendment had caused, it rushed to assure investors that matters would be fixed once a Vodafone settlement was reached, that the amendment would not be used to reopen other cases.

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