Arbitration not best way to resolve tax rows, says Das

Ahead of an inter-ministerial panel meeting to decide on government joining tax arbitrations like the one initiated by Cairn Energy of the UK, revenue secretary Shaktikanta Das on Friday said arbitration was not the best way to settle international tax disputes Stock Market Trading Tips

"The developing countries, including India, feel that arbitration cannot be the best method for dispute resolution. Taxation is the sovereign function of every government," he said, while addressing International Tax Conference organized by the PHD Chamber Himanshu Tiwari Astrologer Blog