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“The Bill proposes to amend the Income-tax Act, 1961 so as to provide that no tax demand shall be raised in future on the basis of the said retrospective amendment for any indirect transfer of Indian assets if the transaction was undertaken before 28th May, 2012,” Finance Minister Nirmala Sitharaman said in a written statement along with the bill..


Govt tables Income Tax amendments to repeal retrospective tax



Name Price Change % Chg
Sbi 441.85 -15.10 -3.3
Indiabulls Hsg 270.25 -0.90 -0.33
Ntpc 116.50 -1.35 -1.15
Rec 155.10 0.70 0.45

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