https://www.taxtmi.com/news?id=32324 Revamp of the model Bilateral Investment Treaty proposes to make the BIT more investor friendly to attract and sustain foreign direct investment by enhancing legal protections while preserving India's regulatory autonomy. The reform responds to limited acceptance of prior tax and dispute provisions, adverse arbitration outcomes, and past unilateral BIT terminations. It seeks to rebuild credibility, improve negotiation outcomes with prospective partners, and modernize treaty text to clarify dispute resolution and strengthen tax certainty without unduly constraining domestic policy space. en-us Sat, 01 Feb 2025 13:31:02 +0530 Sat, 01 Feb 2025 13:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32324 Revamp of the model Bilateral Investment Treaty proposes to make the BIT more investor friendly to attract and sustain foreign direct investment by enhancing legal protections while preserving India's regulatory autonomy. The reform responds to limited acceptance of prior tax and dispute provisions, adverse arbitration outcomes, and past unilateral BIT terminations. It seeks to rebuild credibility, improve negotiation outcomes with prospective partners, and modernize treaty text to clarify dispute resolution and strengthen tax certainty without unduly constraining domestic policy space. News - Sat, 01 Feb 2025 13:31:02 +0530 https://www.taxtmi.com/news?id=32324