"I think in international relations, the taxation system should be predictable. If somebody wants to come (to India) after 10 years, he should know India's tax structure is like this. That's why we are working on a long-term tax system and we are implementing and I do not think there will be any problem in that," PM Modi said.
A Saudi businessman had asked PM Modi about retrospective tax regime, GST, banking system and some other issues and wondered whether the Prime Minister would be able to address their concerns.
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