GAAR amendments finalised: FinMin

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'I have finalised the amendments to the Chapter 10A of the Income Tax Act'. (Reuters) 'I have finalised the amendments to the Chapter 10A of the Income Tax Act'. (Reuters)
Summary'I have finalised the amendments to the Chapter 10A of the Income Tax Act'

6 per cent if things pick up in third and fourth quarters. This year is practically set and no major dramatic changes can be expected this year."

The Minister, however, sounded positive about the next financial year and hoped that growth will pick on the back of steps being taken by the government.

"Next year, I am absolutely confident that growth will pick up because investment will start taking place and measures we are implementing will take place," he added.

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