'Opaque corporate tax practices still barrier to many US companies, India needs to change it': Garcetti
10 months, 3 weeks ago

'Opaque corporate tax practices still barrier to many US companies, India needs to change it': Garcetti

India TV News  

New Delhi: US Ambassador to India Eric Garcetti on Tuesday criticised India's corporate taxation and labelled it an "opaque" system. He praised the "Atmanirbhar Bharat" policy-- a mission started by the Government of India in May 2020, towards making India Self-reliant-- but added India should not treat the policy as a "fortress". Garcetti stressed that the US and India, being the two greatest democracies, can show the world what it means to be moral leaders at a needed moment. The US and India, as the two greatest democracies, can show the world what it means to be moral leaders at a moment when we need it," he said at the USC-India Innovation Summit earlier."

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History of this topic

US envoy's win-win 'lower tariffs' pitch for India amid Trump threat
5 days, 8 hours ago

US envoy's win-win 'lower tariffs' pitch for India amid Trump threat

India Today  

The US Ambassador to India, Eric Garcetti, called for lowering tariffs between India and the US to boost trade between the two nations to enhance trade and ensure a fairer, more balanced partnership between the two nations. His remarks came days after US President-elect Donald Trump vowed to impose reciprocal tariffs on India if the country continues to levy high …

India is still world’s highest tariff major economy, says US ambassador Eric Garcetti
5 days, 15 hours ago

India is still world’s highest tariff major economy, says US ambassador Eric Garcetti

Hindustan Times  

NEW DELHI: India remains the world’s “highest tariff major economy” and New Delhi and Washington should work together to reduce tariffs and make trade more fair, US ambassador Eric Garcetti said on Thursday. US ambassador to India Eric Garcetti addresses during a programme on 'Promise and Prosperity of the US-India Relationship' organised by the US-India Business Council in New Delhi …

US satisfied with Indian response in Pannun case: US Ambassador Eric Garcetti
7 months, 1 week ago

US satisfied with Indian response in Pannun case: US Ambassador Eric Garcetti

New Indian Express  

On human rights in India, Garcetti said that it was not America’s responsibility to fix India but rather to engage with it and reflect US values. Meanwhile, commenting on India’s purchase of Russian oil, he noted India’s historical ties with Russia since the 1970s. Garcetti also discussed US and India’s collaborative efforts in engaging with China and Russia on Ukraine …

India's opaque corporate tax practices are a barrier to companies: US Ambassador
10 months, 3 weeks ago

India's opaque corporate tax practices are a barrier to companies: US Ambassador

New Indian Express  

NEW DELHI: Although bilateral trade between India and the US is at its highest at $200 billion, India’s tax structure is working as a deterrent for more US companies to invest here, said US Ambassador to India Eric Garcetti on Tuesday. Ambassador Garcetti cited how a US shoe manufacturing firm opted out of considering India to manufacture their products and …

Ties with India 'could get worse' due to Canada row, US envoy told team: Report
1 year, 2 months ago

Ties with India 'could get worse' due to Canada row, US envoy told team: Report

India Today  

US Ambassador to India Eric Garcetti told his team in the country that relations between India and the US "could get worse for a time" due to New Delhi's diplomatic spat with Canada, according to a report in Politico. According to an unnamed State Department official, Garcetti also said that "the US may need to reduce its contacts with Indian …

Indo-U.S. ties must be more ambitious, vie for frictionless trade relationship: Ambassador Garcetti
1 year, 2 months ago

Indo-U.S. ties must be more ambitious, vie for frictionless trade relationship: Ambassador Garcetti

The Hindu  

India and the US need to strive towards a more ambitious and frictionless bilateral trade relationship, U.S. Ambassador to India Eric Garcetti said in New Delhi on Tuesday. Speaking at the 20th Indo-U.S. Economic Summit organised by the Indo-American Chamber of Commerce, Mr. Garcetti lauded the recently concluded G-20 Summit in New Delhi, saying India has demonstrated its global leadership …

Asked about assertive China, Eric Garcetti says India, US to deter any bad actor
1 year, 3 months ago

Asked about assertive China, Eric Garcetti says India, US to deter any bad actor

Hindustan Times  

NEW DELHI: India and the United States stand together to uphold international law and a rules-based order and to deter “any bad actor”, US ambassador Eric Garcetti said on Friday against the backdrop of China’s assertive behaviour in territorial disputes across the region. I would say also in the area of our people-to-people ties, whether it’s opening two new consulates, …

India-U.S. relations based on common desires of peaceful and prosperous Indo-Pacific region: U.S. Ambassador Garcetti
1 year, 7 months ago

India-U.S. relations based on common desires of peaceful and prosperous Indo-Pacific region: U.S. Ambassador Garcetti

The Hindu  

The relationship between India and the United States is based on a common desire to have stronger economies and a peaceful, prosperous Indo-Pacific region, and the two countries stand together wherever it is challenged, U.S. The two countries are an important part of a mutual strategy to protect the Indo-Pacific region and keep people safe, he said. Mr. Garcetti also …

'US-India relations based on mutual desire for stronger economies': American envoy Eric Garcetti
1 year, 7 months ago

'US-India relations based on mutual desire for stronger economies': American envoy Eric Garcetti

Firstpost  

The US Ambassador to India, Eric Garcetti said on Monday that India and US share a relationship that is based on a common desire to have stronger economies and a peaceful Indo-Pacific region. Commenting on how electronic modes of payments helped empower Indian people from the bottom up, Garcetti said, “We want to see technology as a positive thing in …

Time to confirm ambassador to India, says top Indian-American Congressman
2 years, 1 month ago

Time to confirm ambassador to India, says top Indian-American Congressman

The Hindu  

It is time to confirm a U.S. Ambassador to India, a top Indian-American Congressman said Monday noting that for nearly two years now there has been no American envoy in New Delhi. "The U.S. needs a strong defense and strategic partnership with India, especially in the face of escalating aggression from China," Indian-American Congressman Ro Khanna said. "Two years into …

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