Finance Minister Arun Jaitley said on Saturday the government would delay the implementation of planned General Anti-Avoidance Rules (GAAR) by two years, while saying it would make no distinctions between foreign direct investments and foreign portfolio investments.<br /><br />Earlier, Arun Jaitley set the country's fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.<br /><br />Arun Jaitley also said the government expected to implement the goods and services tax by April 2016.<br /><br /><br /><br />For More information on this news visit: http://www.itvnewsindia.com/<br />Connect with us on Social platform at: https://www.facebook.com/ITVHindi<br />Subscribe to our You Tube channel: https://www.youtube.com/user/itvnewsindia
