Takeover norms for unlisted firms getting finalised
The Ministry of Corporate Affairs is giving final touches to the takeover code for unlisted companies and it is likely to be introduced soon, a senior government official told Business Standard. Read here
Direct tax immunity scheme likely in Budget
The government, which is hard-pressed for revenue, may come up with an immunity scheme for direct taxes in the upcoming Budget, which will allow assessees to declare the additional income of the previous five-six years without penalty or prosecution. Read here
Vistara junks premium class on low income routes
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