India has world’s best taxation system, says Lok Sabha Speaker Om Birla

NEW DELHI: India has the world’s best taxation system, characterised by transparency, rule of law and stability in tax policies, Lok Sabha Speaker Om Birla said on Tuesday.

Due to these policies and laws, companies and people from around the world are eager to invest in India, he asserted.

India has emerged as a favourite investment destination for global investors due to its stable tax policy, Birla said during an address to officer trainees of the Indian Revenue Service (Customs and Indirect Taxes).