Explanation:

The Taxation Laws (Amendment) Bill, 2021 was introduced in Lok Sabha by the Minister of Finance, Ms. Nirmala Sitharaman, on August 5, 2021. 
The Bill amends the Income Tax Act, 1961 (IT Act) and the Finance Act, 2012.  The 2012 Act had amended the IT Act to impose tax liability on the income earned from the sale of shares of a foreign company on a retrospective basis . The Bill proposes to nullify this retrospective basis for taxation. 

• introduce  in lok - sabha - 5 August 2021

• passed  in lok - sabha - 6 August 2021

•  passed in Rajya sabha - 9 august 2021