On Thursday, the Union Ministry of Finance introduced the Taxation Laws (Amendment) Bill 2021 in Lok Sabha to cross the effect of the amendment made by the Finance Act to impose tax liability on gains that arise from indirect transfer of Indian assets with a retrospective effect. The 2012 amendment was passed to overturn an
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.