Simplified Tax Regime in India to Attract Global Investments

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US have now called for ways to make it easy to do business in India and make the tax regime simpler. This is necessary to attract a number of global investments.

To achieve a sustainable development and growth, India must be assured about the international investors and global markets which are open for business, says the US Assistant Secretary for South Asian Affairs.

On September 22, a Strategic and Commercial Dialogue would be held in Washington, where Sushma Swaraj and Nirmala Sitharaman would be representing India.

Narendra Modi would visit the United States from 23rd of September to 28th of September.

In the US, Modi will also meet Mark Zuckerberg, the founder of Facebook.

The US official says that agreeing to a bilateral investment treaty would help in attracting capital for a number of industries, such as energy, infra and so on.

The US Assistant Secretary also said ‘Make in India’ initiative by the Modi government aimed at producing a number of job opportunities. Thus, for this, the economy of India must be well integrated with global markets, supply chains and trade.

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