You are here: Home » Economy & Policy Ā» News
GST technical glitches behind input tax credit frauds: CAG report
icon-arrow-left
Retro changes to Google Tax will hurt foreign investment: Industry
Business Standard

Amendments to the Finance Bill 2021 plug tax loophole in slump sale

Amendments to the finance Bill, 2021, say that fair market value (FMV) will be taken as consideration of the sale

Topics
Finance Bill | Indian Economy | Finance Ministry

Indivjal Dhasmana  |  New Delhi 



nirmala sitharaman
Finance Minister Nirmala Sitharaman | Photo: PTI

Finance Minister has plugged the loophole on sale of an undertaking by one entity or person to another, which may have repercussions for business transfers as well as mergers and acquisitions.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, March 25 2021. 01:21 IST

RECOMMENDED FOR YOU

.