IN a predictable development, the top management of the Vodafone Plc
met the Union Finance Minister, Mr Pranab Mukherjee, and the Finance Secretary
in North Block yesterday. The purpose of the meeting was to sensitise the Govt
about how badly the proposed retro-amendments in the I-T Act have damaged the
investment climate in India.
It is
learnt that the Vodafone also clearly showed its overtures for amicable
settlement of the issue. Whether it would happen or not would depend on the
reaction of the Parliament when the Bill is debated and passed, said an
official.
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