Category: Lok Sabha

Retrospective Tax

Government will end disputed retrospective tax law, companies like Cairn Energy, Vodafone will benefit

The Central Government has decided to do away with the disputed tax, in which there was a provision to collect tax from the companies from the previous date, it is called Retrospective Tax. The Central Government on Thursday introduced the Taxation Laws (Amendment) Bill, 2021. After the passage of this bill, the disputed law levying …