Tag: Taxation Laws

The Taxation Laws (Amendment) Bill, 2021 was passed by the Parliament in the recently concluded Monsoon Session, to do away with the contentious retrospective tax demand provisions and its passage may end the much stretched tax disputes with UK's Cairn Energy, and Vodafone Plc.

New Delhi: The government will introduce two important Bills in the Lok Sabha on Monday — the Taxation Laws (Amendment) Bill and the International Financial Services Centres (IFSCs) Authority Bill. These Bills were cleared by the Union Cabinet on November 20. The Taxation Laws (Amendment) Bill provides for reduction in rates of corporate income tax […]