The AP Shah panel submitted its much-awaited report on Minimum Alternate Tax on foreign portfolio investors to Finance Minister Arun Jaitley. The content of the report is still not public; however sources tell ET NOW that the panel has suggested the government to take a lenient approach to foreign investors. What will be the report’s impact? ET NOW’s Sandeep Gurumurthy and Supriya Shrinate discuss with Pranav Sayta - Tax Partner, EY and Ketan Dalal - Joint Tax Leader, PwC India.
