Saturday, September 18, 2021
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Retrospective tax explained and why removing it lays to rest India’s biggest tax blunder


The Taxation Legal guidelines (Modification) Act, 2021, acquired the assent of the President on August 13, scrapping the retrospective taxation clause in earnings tax legislation. So what’s Retrospective Tax, and why did the federal government take away it? ET’s Sachin Dave takes you thru the previous, current and way forward for the Retrospective tax? Watch.

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