5 Much Anticipated Takeaways From Modi's And U.S. CEOs Meet

4) Could address taxation issues
The biggest task that Prime Minister Narendra Modi has at hand is to persuade investors on India's commitment to faster reforms, especially those related to labour laws, land acquisition and taxation. These taxation issues have been a sore point with global investors for long.

The demonstration modification, introduced in 2012, resulted in high-profile tax enforcement actions
against global companies such as Vodafone. These episodes dented India's appeal as an investment destination, causative to an image of India as a country that follow "tax terrorism".

5) Modi may clarify the new government's stand on GAAR
To bring out the investor-friendly image of the 'New India' under the rule of the BJP government, Prime Minister Narendra Modi might use the opportunity to clarify the central government's stand on the General Anti-avoidance Rules (GAAR), which had flashed alarm among foreign investors.

The provision included tightening rules on investments from countries that have double taxation treaties with India.

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