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25 Jan 2015

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Outlook

At CEO's forum, Modi Promised predictable tax regime, Obama Raises IPR Issue

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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...At the same time, Obama flagged US concerns over trade barriers, intellectual property rights and sought consistency and simplicity in regulatory and tax regime for ease of doing business with India.

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