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Context: Recently, the finance ministry introduced Taxation Laws (Amendment) Bill, 2021 in Lok Sabha to do away with the contentious retrospective tax demand provisions.
In both the cases, India lost to private firms and at the end lost both ways:
What is Retrospective Taxation?
It hampers the business environment in following ways
Benefits of New Law
By: Shubham Tiwari ProfileResourcesReport error
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