Finance Minister Nirmala Sitharaman introduces bill to nullify the provision in the Income Tax Act

Finance Minister Nirmala Sitharaman on Thursday introduced a Bill in Parliament to nullify the provision in the Income Tax Act. The Bill would withdraw the retrospective amendments to the Income Tax Act that raised demands on Vodafone, Cairn, indicating a move to attract foreign investments.

#NirmalaSitharaman #IncomeTaxAct #RetrospectiveTaxLaw

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