https://www.taxtmi.com/news?id=2665 Moody's upgraded India in December 2011, moving long term domestic currency government bond ratings and the long term country ceiling on foreign currency bank deposits from speculative to investment grade, and raising short term domestic and foreign currency ratings to a prime category, citing fiscal consolidation measures (fuel subsidy removal, fertilizer subsidy reform) and tax simplification initiatives expected to improve revenues and compliance; other agencies (DBRS, Fitch) had taken supportive actions and the Ministry of Finance and RBI engage regularly with rating agencies. en-us Tue, 10 Jan 2012 18:28:55 +0530 Tue, 10 Jan 2012 18:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2665 Moody's upgraded India in December 2011, moving long term domestic currency government bond ratings and the long term country ceiling on foreign currency bank deposits from speculative to investment grade, and raising short term domestic and foreign currency ratings to a prime category, citing fiscal consolidation measures (fuel subsidy removal, fertilizer subsidy reform) and tax simplification initiatives expected to improve revenues and compliance; other agencies (DBRS, Fitch) had taken supportive actions and the Ministry of Finance and RBI engage regularly with rating agencies. News - Tue, 10 Jan 2012 18:28:55 +0530 https://www.taxtmi.com/news?id=2665