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Union Budget 2015: FM Arun Jaitley postpones GAAR by 2 years

Union Budget 2015: FM Arun Jaitley postpones GAAR by 2 years

Jaitley notified the Lok Sabha of the postponement of the anti-tax avoidance rules on Saturday when presenting his maiden full-year Budget for 2015-16.

Reuters and Reuters
  • New Delhi,
  • Updated Feb 28, 2015 2:25 PM IST
Union Budget 2015: FM Arun Jaitley postpones GAAR by 2 years(Photo: Reuters)

Finance Minister Arun Jaitley on Saturday deferred the roll out of the General Anti Avoidance Rule (GAAR) by two years to April 1, 2017.

Jaitley notified the Lok Sabha of the postponement of the anti-tax avoidance rules on Saturday when presenting his maiden full-year Budget for the 2015-16 financial year.

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Published on: Feb 28, 2015 12:42 PM IST
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