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Q.

Is the money invested in the name of FDI is the drained money abroad and reinvested in Indian Economy and enjoying all the Tax benefits?

Tags: money, fdi, tax benefits
Asked by Sharmila Bose, 30 Jun '12 05:18 pm
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Answers (5)

1.

Absolutely
Answered by conviction, 18 Mar '13 10:23 pm

 
  
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2.

Can be
Answered by anil garg, 22 Aug '12 03:13 pm

 
  
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3.

The government has suggested in its first-ever official document on black money that a lot of the illicit cash stashed away overseas over the years may have come back into the country as investments, seeking to debunk the commonly-held notion that hundreds of billions of dollars of Indian money was held illegally in Swiss banks.

The document listed participatory notes (PNs), foreign direct investment (FDI) flows routed through low-tax countries and complex corporate structures as possible contributors to the scourge, but steered clear of naming offenders or putting an estimate on black money, provoking critics to slam it as more of a whitewash than a white paper.

The White Paper on Black Money significantly singled out the Vodafone tax case as an example of misuse of corporate structure to avoid paying taxes, further proof of the intensity of the finance ministry's feelings on its tax dispute with the UK firm and suggesting a compromise was unlikely.

Presented by Finance Minis ...more
Answered by commonsense, 30 Jun '12 05:28 pm

 
  
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4.

Look you cant have the cake and eat it too ! Idia wants the money,and the foriegners want the profits/interest ! it is a marriage of convenience !
Answered by samiran panda, 30 Jun '12 05:28 pm

 
  
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5.

Not all but most of it.
Answered by Damodar Biswal, 30 Jun '12 05:24 pm

 
  
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