Recently re-elected for the next term, the Modi government plans to increase foreign direct investment inflows into the country. For this, the Ministry of Industry has started preparing proposals that will result in an increased inflow facilitating economic development. The Ministry plans to offer tax concession to potential foreign investors (includes firms, companies, and individuals). These concessions can be given in the tax form. After economic liberalization began in 1991, the government of India regularly eased foreign direct investment policies….