JPMorgan CEO flags inconsistent tax application in India

Jamie Dimon, CEO of JPMorgan Chase, has highlighted concerns about India's approach to taxation, citing inconsistent application of tax regulations as a challenge for foreign investors.

Foreign investors have long flagged concerns about India's relatively high tax rates and what they describe as uneven implementation of tax laws across jurisdictions. These inconsistencies have been viewed as obstacles to attracting and retaining investment in the country.