The government has expanded the scope of the expert committee on General Anti-Avoidance Rules, GAAR, to include all non-resident tax payers instead of only Foreign Institutional Investors, FIIs. The decision was taken after the submission of a draft report to the Finance ministry by the expert committee headed by Parthasarthi Shome. The expert committee was set up by the Prime Minister Manmohan Singh in July to address concerns of foreign and domestic investors on GAAR. An official release said, the panel in its draft report has recommended certain amendments in the Income Tax Act 1961, guidelines to be prescribed under the Income Tax rules, circular to clarify GAAR provisions and other measures to improve tax administration specifically oriented towards GAAR matters. The draft report has suggested that implementation of GAAR may be deferred by three years on administrative grounds. It has also recommended abolishing the taxes on gains arising from transfer of listed securities. The report been placed in the public domain for seeking suggestions of various stakeholders. The stakeholders can submit their suggestions on the draft report by the 15th of this month.