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Budget for 2012/13 – Implementation of GAAR postponed

|Proposed Changes|India
India

The Government of India has announced that the General Anti-avoidance Rule (GAAR), which was announced as part of Budget 2012/13 has been postponed to 1 April 2013.

The Budget 2012/13 is in the process of being ratified in the Parliament, and was to be applicable when approved in the next few months.

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