Page 3 - Latest Updates on Retrospective Tax
Top headlines: PM says retro tax 'mistake of past'; 10 dead in HP landslide
Business Standard brings you the top headlines this evening
 "Top headlines: PM says retro tax 'mistake of past'; 10 dead in HP landslide")
Govt will refund Rs 8000 cr to 4 firms under new taxation laws: CBDT chief
The Bill will do away with the retrospective tax provision and end all retrospective taxes imposed on indirect transfer of Indian assets made before May 28, 2012
 "Govt will refund Rs 8000 cr to 4 firms under new taxation laws: CBDT chief")
Top headlines: Tata group mulls chips business, FM speaks on scrapping tax
Business Standard brings you top headlines this morning
 "Top headlines: Tata group mulls chips business, FM speaks on scrapping tax")
Ending retro tax to boost $5-trn economy dream: FM Nirmala Sitharaman
Rajya Sabha returns Bill to Lok Sabha amid Opposition protests
 "Ending retro tax to boost $5-trn economy dream: FM Nirmala Sitharaman")
Bill to nullify retro tax to give impetus to India's $5 trn goal: I-T dept
Taxation Laws Amendment Bill, which seeks to nullify retrospective tax demands raised on companies, will instill investor confidence and provide impetus to goal of becoming a $5 trillion economy
RS returns bill to end all retrospective taxation as Opposition walks out
A bill that aims to end all retrospective taxes imposed on indirect transfer of Indian assets was returned by Rajya Sabha Monday amidst a walkout by the Congress, TMC and DMK.
 "RS returns bill to end all retrospective taxation as Opposition walks out")
Retrospective tax: India eyes entry into global bond indices in a year
An entry into some of these indices is expected to generate an additional $20 billion of foreign investment into the economy
India offers Cairn Energy $1-bn refund after scrapping retro tax: Report
The lower house of parliament on Friday approved a draft law introduced the previous day, cancelling a 2012 policy that enabled New Delhi to tax some foreign investments retrospectively
 "India offers Cairn Energy $1-bn refund after scrapping retro tax: Report")
Lok Sabha clears Bill to end retrospective tax, Congress backs move
Backing the government's move, former Union Finance Minister P Chidambaram tweeted, "I am glad that we have put an end to an issue that has been troubling us for eight years"
 "Lok Sabha clears Bill to end retrospective tax, Congress backs move")
Bill to nullify retrospective tax passed in LS amid protests by Opposition
The bill seeks to do away with the contentious retrospective tax provision
 "Bill to nullify retrospective tax passed in LS amid protests by Opposition")
Scrapping retrospective tax may not be enough to repair India's reputation
Political executive will need to strive for a fairer playing field, writes Andy Mukherjee.
 "Scrapping retrospective tax may not be enough to repair India's reputation")
Retrospective tax policy burial does not come as a surprise
While it is good to see the government take this step, the question remains whether investors who have obtained an award that comprises of interest component will take up the offer.
 "Retrospective tax policy burial does not come as a surprise")
US body hails Indian govt's move to withdraw retrospective tax law
US-India Strategic and Partnership Forum (USISPF) on Thursday applauded the Indian move to withdraw the retrospective law relating to tax on indirect transfers.
 "US body hails Indian govt's move to withdraw retrospective tax law")
Sensex falls 215 pts post RBI policy; Nifty at 16,238; RIL sheds 2%
Stock market LIVE: The RBI pegged real GDP growth forecast for FY22 at 9.5 per cent and at 17.2 per cent for FY23.
 "Sensex falls 215 pts post RBI policy; Nifty at 16,238; RIL sheds 2%")
Retrospective tax was indefensible; burying it shows pragmatism
Institutional arrogance in taxation has cost India dearly in terms of its image as a business-friendly, rule-driven country
 "Retrospective tax was indefensible; burying it shows pragmatism")
Top headlines: India buries retrospective tax, RBI to spell out policy
Business Standard brings you the top headlines on Friday
Best of BS Opinion: Avoid arbitrary regulation, China's border games & more
Here are the top BS Opinion articles of the day.
 "Best of BS Opinion: Avoid arbitrary regulation, China's border games & more")
Retro tax must be resolved via Indian law, not arbitral award: Somanathan
Somanathan says that the government doesn't support retrospective taxation since it creates sudden and fresh liability and is not in line with the stability and predictability of taxation
 "Retro tax must be resolved via Indian law, not arbitral award: Somanathan")
Govt buries retrospective tax, introduces Bill to amend Income Tax Act
Bill to scrap the law tabled; proposed refund at around Rs 8,100 crore
 "Govt buries retrospective tax, introduces Bill to amend Income Tax Act")
Good sense, finally
Govt wasted nine years in trying to defend the indefensible retro tax
 "Good sense, finally")
