{"id":21181,"date":"2012-05-01T10:25:13","date_gmt":"2012-05-01T14:25:13","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=21181"},"modified":"2012-05-01T10:25:13","modified_gmt":"2012-05-01T14:25:13","slug":"bahamas-investor-indias-proposed-tax-rules-a-big-mistake","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/05\/bahamas-investor-indias-proposed-tax-rules-a-big-mistake","title":{"rendered":"Bahamas Investor: India&#8217;s Proposed Tax Rules a &#8216;Big Mistake&#8217;"},"content":{"rendered":"<figure id=\"attachment_21182\" aria-describedby=\"caption-attachment-21182\" style=\"width: 198px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-21182\" title=\"mark-mobius\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/mark-mobius.jpg\" alt=\"Mark Mobius\" width=\"198\" height=\"148\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/mark-mobius.jpg 198w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/mark-mobius-150x112.jpg 150w\" sizes=\"auto, (max-width: 198px) 100vw, 198px\" \/><figcaption id=\"caption-attachment-21182\" class=\"wp-caption-text\">Mark Mobius<\/figcaption><\/figure>\n<p>India is faltering as an investment destination because of  significant policy mistakes and stock prices there will slide if the  nation&#8217;s credit rating is cut, according to Mark Mobius, one of the  world&#8217;s best-known emerging market investors.<\/p>\n<p>&#8220;The Indian government has been making many many big policy mistakes.  The most important of all is the idea of having retroactive taxation,&#8221;  Mobius, executive chairman of Templeton Emerging Markets Group, told  Reuters in a phone interview from the Bahamas.<\/p>\n<p>Foreign investors have raised concerns on two Indian provisions seeking to tax indirect investments and combat tax evasion.<\/p>\n<p>Mobius&#8217;s team manages $50 billion worth of emerging markets equities for  Franklin Templeton Investments, an arm of U.S. money manager Franklin  Resources Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is faltering as an investment destination because of significant policy mistakes, says the Bahamas-based executive chairman of Templeton Emerging Markets Group.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[153,47,49],"class_list":["post-21181","post","type-post","status-publish","format-standard","hentry","category-business","tag-business-2","tag-investing","tag-law"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/21181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=21181"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/21181\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=21181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=21181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=21181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}