Addressing the business leaders of France and India here in presence of French President Francois Hollande, Modi said his government wants to ensure that foreign investors are clear about tax systems that will prevail in India over the next 15 years.
The brewing discontent amongst the central government employees against the 7th CPC recommendations is threatening to create a storm. The unions are seeking around 44 percent hike on the minimum basic pay suggested by the 7th central pay panel.
India is gradually transforming most of its taxation laws for a greater degree of stability and predictability, finance minister Arun Jaitley said on Thursday, stressing that the proposed Goods and Services Tax (GST) is a major step in this direction.
Trade Unions of Central Government employees have called for a three-day agitation, from January 19 -21, to draw the attention of central government to modifications it is seeking in the recommendations of the 7th Central Pay Commission.