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All the Prime Minister's officers

The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's. There is no AN Verma or Brajesh Mishra-like personage and th

Aditi Phadnis  |  New Delhi 

"Man! What a cat!" exclaimed a 30-something investment banker, unwittingly slipping back into college lingo, such was his excitement after a meeting with T V Somanathan (Tamil Nadu IAS, 1987), joint secretary in the Prime Minister's Office (PMO) handling finance and capital markets.

Amid moves made after the 2016-17 Budget that suggested a redefinition of long-term capital gains, with potentially profound tax effects on the earnings of foreign institutional investors, managers have been making a beeline to the finance ministry, PMO, anybody who will listen, to impress upon the ...

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First Published: Sun, August 14 2016. 23:15 IST