India could be the ideal ground for investments

Commerce and Industry Minister Shri Piyush Goyal said while addressing India Economic Conclave 2019 that the tax reforms introduced by the government recently will ensure investments come back to India.

“I think India is well poised to attract investments that wish to move out of China. We had a dialogue with a large number of companies. The income tax changes, which were approved by Parliament last week, are an important element in our plan to attract investments to and not let them go to any Southeast Asian countries which earlier offered attractive tax regime,” the minister opined.