NEW DELHI: Finance Minister Arun Jaitley will, on Thursday, address a seminar on better international taxation procedure and global best practices to attract foreign investment, in the run-up to the BRICS Summit which is set to kick off on October 15 in Goa. Jaitley’s seminar will be titled ‘BRICS-Investment Flows’ and discuss ways to boost foreign portfolio investments in the emerging economies and ways to tackle bilateral tax treaty abuse.
The lecture has been organised by the Department of Economic Affairs in Mumbai and will be attended by Secretary Shaktikanta Das and RBI officials, besides experts from BRICS nations, multilateral organisations, financial institutions and the corporate sector.India has been steadily relaxing foreign direct investment norms in various sectors.