The bill to nullify retrospective taxation offers a fair solution within the framework of Indian law and Parliamentary sovereignty to companies which have been subjected to such demands, Finance Secretary T V Somanathan said on Thursday. Finance Minister Nirmala Sitharaman introduced 'The Taxation Laws (Amendment) Bill, 2021' in the Lok Sabha that seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets. The Bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the day the retrospective tax legislation came into being)."
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Indian women have education, inspiration and perspiration -- but not enough employment, points out Mahesh Vyas.
The portfolios were cleared by Congress president Rahul Gandhi as the exercise had turned out to be tricky for the party state leaders.
The Bharatiya Janata Party-Shiv Sena alliance looked set to return to power in Maharashtra while Haryana could be a cliffhanger with no clear majority for the BJP or the Congress, Election Commission trends indicated.
If Modi and Shah did not project Adityanath as CM, it was out of expediency, says Radhika Ramaseshan.
Chaudhary, who took 13 hours to reach Lakhimpur Kheri from Delhi, several hours more than it would take to cover the 420 km-odd distance, also met the families of some of the farmer victims to learn their story of loss.
33-year-old Abhishek Banerjee has emerged as the most visible and significant leader in the party after his pishi (aunt), Mamata Banerjee reports Ishita Ayan Dutt.
In a major development in the ongoing Samajwadi Party feud, Mulayam Singh Yadav has postponed the national convention of party called by him on January 5.
The BJP's faces for 2019 will be Dharmendra Pradhan, Piyush Goyal, Nirmala Sitharaman, Yogi Adityanath and Devendra Fadnavis, says R Rajagopalan.
After their victory in the assembly polls in Haryana and Maharashtra, the Bharatiya Janata Party on Monday moved forward towards government formation in both states with party chief Amit Shah holding parleys with Union Minister Nitin Gadkari for charting out further strategy.
Macron and Modi will participate in several programmes in Varanasi, including a boat ride on river Ganga.
The Bharatiya Janata Party on Sunday gave enough indications that it was not averse to the outside support offered by the Nationalist Congress Party and made it clear that it will be going ahead with formation of a government in Maharashtra.
Rajya Sabha was adjourned barely six minutes after the House met.
The PM has assets worth Rs 2.5 crore including a residential plot in Gujarat's Gandhinagar, fixed deposits of Rs 1.27 crore and Rs 38,750 cash in hand.
The war in Samajwadi Party was far from over on Sunday with a defiant Ram Gopal Yadav declaring Akhilesh Yadav as party president at the national convention in Lucknow which was declared as "unconstitutional" by supremo Mulayam Singh Yadav.
'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.
Jaitley, the first Union minister to meet Jaya since her conviction, manages to secure the AIADMK's conditional support to the government's crucial legislations in the Rajya Sabha.
'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'
The government has readied a big legislative agenda for the Monsoon Session of Parliament beginning Monday even as the Opposition is raring to corner the ruling dispensation over a host of issues, including handling of the second wave of COVID-19, rise in fuel prices and farmers' stir.
She resigned soon after her husband and SAD president Sukhbir Singh Badal strongly opposed the bills in Lok Sabha on Thursday night, claiming these proposed legislations will "destroy" the agriculture sector in Punjab, and announced that Harsimrat Kaur Badal will quit the government in protest against these three bills.
While the BJP is in a comfortable position to choose between the Shiv Sena and the Nationalist Congress Party, both have its share of drawbacks. Prasanna D Zore/Rediff. com reports
The Board has decided to give a UA certificate to the film.
In the given scenario, Doiwala MLA Trivendra Singh Rawat and Pithoragarh MLA Prakash Pant emerge as the two most favourites.
Uttar Pradesh minister Azam Khan on Monday alleged that almost 90 per cent prime properties of the Waqf Board have been "sold to builders by previous Bahujan Samaj Party and Samajwadi party governments" and vowed to bring a legislation to restore them back to the board.
Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.
Senior BJP leader L K Advani and Narendra Modi on Wednesday shared a public platform for the first time after the declaration of the party's prime ministerial candidate but a feeling of warmth was missing as they exchanged greetings.
It is the NSCN-IM which is having the last laugh as speculation grows that Nagaland Governor R N Ravi may have been replaced as Naga interlocutor.
It is increasingly clear that for the BJP to try and establish itself as an electoral force in Tamil Nadu, the party has to come out of the old Brahminical mould, observes N Sathiya Moorthy.
Bharatiya Janata Party was on Tuesday grappling with internal strife with its chief ministerial nominee Kiran Bedi facing a restive crowd in her Krishna Nagar constituency while angry supporters of Delhi unit chief Satish Upadhyay held a protest at party office accusing the leadership of sidelining him by not giving a ticket.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
In a three-page letter to Facebook Chief Executive Zuckerberg, Prasad alleged "bias and inaction" by individuals in Facebook India team on complaints by people supportive of right-of-centre ideology.
'We take allegations of bias incredibly seriously, and want to make it clear that we denounce hate and bigotry in any form'
The country's Sports Ministry worked closely with the International Cricket Council's (ICC) ACU during the process of drafting the bill.
T N Seshan believed that toughness at every level is needed to keep the flock under him strictly duty bound, recalls Dr K S Parthasarathy, former secretary, Atomic Energy Regulatory Board.
BJP president Amit Shah had said during the campaign that the party was fighting the election under Rupani and Nitin Patel.
PM said Kovind will make an 'exceptional President'.
On Tuesday night with veteran BJP leaders raised a banner of revolt against the leadership of Narendra Modi in the wake of Bihar debacle saying that the party has been "emasculated" in the last one year.
'The BJP is trying to bribe or unleash the income tax authorities (on us).'
'If the platform is public, then every Indian regardless of his ideology and commitment has got the right to convey his view'
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