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Obama pitches for "simplicity" in regulatory, tax environment in India

Last Updated: Monday, January 26, 2015, 22:35

US President Barack Obama Monday sought "consistency" and "simplicity" in regulatory and tax environment in India besides redressal of issues relating to intellectual property rights to significantly increase trade and business between the world's two largest democracies.

PM Modi promises predictable tax regime; Obama seeks 'consistency' and 'simplicity'

Last Updated: Monday, January 26, 2015, 22:33

Prime Minister Narendra Modi today wooed US investors promising a predictable tax regime, removing "remaining uncertainties" and an open business environment as President Barack Obama pledged USD 4 billion in investment for trade with India.