Experts analyse retrospective tax amendment
Graphic: Shruti Mathur/ The Quint
Video Reporter/Producer: Karan Tripathi
Video Editor: Mohd Irshad Alam
The central government has tabled the bill to amend the Income Tax Act, 1961. This amendment gains importance as it will scrap the controversial retrospective tax provisions that were introduced in 2012.
After long legal battles with global conglomerates like Cairn Energy and Vodafone, in the Supreme Court as well as international court, the government has finally proposed these amendments.
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