Despite several rounds of meetings, the revenue department is not on board as far as certain aspects of the fiscal framework tax incentives of the draft Bill are concerned, people aware of the matter said.
The Bill has been prepared by the commerce department.
"The next step could be that the commerce and the revenue secretaries meet and look at ways to iron out the concerns. Even if that doesn't work, the Cabinet secretary will take the final decision," said a source.
However, there may be a further delay in the finalisation of the Bill.
This story is from the January 11, 2023 edition of Business Standard.
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This story is from the January 11, 2023 edition of Business Standard.
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