Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Key changes to I-T Bill
Financial Express Kochi
|July 22, 2025
ANOTHER IMPORTANT SUGGESTION of the panel, which has been accepted by the government, is to make the application of the General Anti-Avoidance Rules (GAAR) context-specific, rather than indiscriminate.
-
While Section 98 of the I-T Act states that if a transaction is found to be designed primarily for tax avoidance, then the relevant tax benefit would be subject to review, but only after taking into consideration the "circumstances of the case." This clause is absent in the draft Bill. It would now be inserted, with the committee saying that GAAR should be judiciously applied.
Denne historien er fra July 22, 2025-utgaven av Financial Express Kochi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Kochi
Financial Express Kochi
EU must ease tech rules, says Lutnick
IN ORDER TO GET A DEAL TO LOWER STEEL TARIFFS
2 mins
November 25, 2025
Financial Express Kochi
Delhi govt, pvt offices to enforce 50% WFH due to high pollution
DELHI GOVERNMENT OFFICES and all private establishments in the city will function with 50% staff strength, and the rest will work from home under stage three of the Graded Response Action Plan (GRAP) in view of high air pollution levels, according to an order issued on Monday.
2 mins
November 25, 2025
Financial Express Kochi
The complete man who left a yaadon ki baraat for generations of Indians
THROUGH HIS 60-PLUS rewarding years as an actor and legendary star, Dharmendra was dubbed “He-Man” and “Garam Dharam”.
2 mins
November 25, 2025
Financial Express Kochi
Pvt capex projects spike in Sept qtr, says RBI bulletin
INVESTMENT OPTIMISM UP
1 mins
November 25, 2025
Financial Express Kochi
ED freezes ₹523-cr deposits of WinZO and Gameskraft
THE ENFORCEMENT DIRECTORATE on Monday said it has frozen collective deposits worth about ₹523 crore of online gaming companies WinZO and Gameskraft as the platforms allegedly “held” funds worth crores of rupees that should ideally have been refunded to players after India banned real-money gaming recently.
1 min
November 25, 2025
Financial Express Kochi
Reforms and resistance
IMPLEMENTATION, ENGAGEMENT AND GOVT RESPONSE TO WORKER DISCONTENT WILL BE KEY
4 mins
November 25, 2025
Financial Express Kochi
Clean-label baby brands gain big traction despite scale hurdles
RISING DEMAND FOR clean-label baby products is powering rapid growth and investor interest in the baby care market, even as concerns linger about scalability and capital intensity in the segment.
2 mins
November 25, 2025
Financial Express Kochi
India Inc’s unhedged dollar loans plunge
SOUMYAJIT NIYOGI, DIRECTOR at Ind-Ra, said, “Entities already hurt by US tariffs now face a double blow—higher borrowing costs are squeezing them further, hitting both their profitability and balance sheets.
1 min
November 25, 2025
Financial Express Kochi
Textile exporters see higher wage bills, compliance costs
MARGIN FACES CODE THREAT
2 mins
November 25, 2025
Financial Express Kochi
Data show room exists for rate cut: RBI guv
RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra said on Monday that the current economic indicators suggest there is a scope for repo rate cut, but a decision on it will be made by the Monetary Policy Committee (MPC).
1 min
November 25, 2025
Listen
Translate
Change font size