 "Finance Minister Nirmala Sitharaman")
The Finance Ministry on Monday said a Bill to end retrospective taxes imposed on indirect transfer of Indian assets will encourage companies to invest in India and help the country become a $5-trillion economy.
The Rajya Sabha on Monday returned the Taxation Laws (Amendment) Bill, 2021 to the Lok Sabha after main opposition parties staged a walkout. Following this, only the President's assent is required to make it a law.
“(The Bill) will spur companies that are on the cusp of deciding their investments into investing in India. (It) will provide impetus to the country’s goal of becoming a $5-trillion economy,” Finance
