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Change In Tax Regime Not Limited To India: Shardul Shroff

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October 22: The retro amendment shock is still bothering investors, claims Shardul Shroff, Managing Partner at Amarchand Mangaldas. Investors are not sure whether the legislature can be trusted with the retro tool, he says, pointing out that other governments like the UK and China are also stepping up their tax efforts. The tax debate on asset residency is underway in other countries, he adds.