<h1>GAAR Provisions Effective April 2014 Despite Delay Recommendations; Focus on Deterrence, Says Finance Ministry.</h1> The General Anti-Avoidance Rule (GAAR) provisions, set to be effective from April 1, 2014, as per the Finance Act, 2012, have not been postponed. The Parthasarathi Shome Committee recommended a three-year deferral, citing the need for administrative preparation and specialized training for tax officers in international taxation. However, the Ministry of Finance confirmed that GAAR will proceed as scheduled, focusing on deterrence rather than revenue generation. This was clarified in a written statement by the Finance Minister in the Rajya Sabha.