Source: Business Standard Relevance: Taxation laws in India, Issues with BIT Synopsis: Repeal of retrospective tax law gives government the opportunity to renew the 70-odd Bilateral Investment and Protection Agreements (BIPA) Impacts of BIT and retrospective taxation BIT and retrospective taxation increased international arbitration cases. First, India has never been comfortable recognizing investments from abroad when they… Continue reading A BIT for FDI (On the need to renew BIPA)