Sun, May 29, 2016, 09:22 AM
Union Finance Minister Arun Jaitley said it is important for the tax regime to be predictable. We need a single taxation mechanism across the country. We need to moderate our corporate tax better so that investors are emboldened to come to India, he added while assuring action against those who parked funds illegally in accounts named in Panama Papers. He made the statement at a gala event organised to celebrate the Modi government's two years.