Ritesh Kumar Singh is chief economist of Indonomics Consulting and a former assistant director of the Finance Commission of India.
Modi government's pursuit of retroactive taxes is making a bad situation worse

India's reputation took a big hit when it slapped Vodafone with a $2.7 billion capital gains tax bill. © NurPhoto/Getty Images
Ritesh Kumar Singh is chief economist of Indonomics Consulting and a former assistant director of the Finance Commission of India.