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

Home Union Budget 2015-16 Budget 2015 key announcements Story

Reuters | New Delhi, Saturday, February 28, 2015 | 14:25 IST

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.

FM Jaitley postpones GAAR by 2 years

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.

UNION BUDGET 2015-16:Key highlights | Full coverage

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Economy in numbers

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.