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Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon session
Parliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupee. The proposed legislation seeks to deepen India's sovereign debt market. It will also enhance liquidity amid global economic uncertainties. Another bill to amend MSME Development Act will also be introduced.
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thehindu.com
Government lists Bill in Parliament to replace Ordinance that exempted FIIs from tax
Government introduces Bill to replace Ordinance exempting FIIs and BIS from capital gains and interest taxes in Parliament.
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economictimes.indiatimes.com
Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon session
Parliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupee. The proposed legislation seeks to…
