 "Telecom")
Competition (Amendment) Bill: Panel wants annual review of deal valuations
The Parliamentary Standing Committee on Finance has called for a series of clarifications and changes in the proposed Competition (Amendment) Bill 2022. From specifying the method of calculating deal value of transactions and allowing cartels to access settlement mechanisms as a “pragmatic recourse” to introducing effects-based analysis for the Competition Commission of India (CCI) and director general before ascertaining anti-competitive behaviour, the panel has sought more predictability and certainty in the proposed legislation. Read More
The Parliamentary Standing Committee on Finance has called for a series of clarifications and changes in the proposed Competition (Amendment) Bill 2022. From specifying the method of calculating deal value of transactions and allowing cartels to access settlement mechanisms as a “pragmatic recourse” to introducing effects-based analysis for the Competition Commission of India (CCI) and director general before ascertaining anti-competitive behaviour, the panel has sought more predictability and certainty in the proposed legislation. Read More
GST Council's fitment panel clarifies tax levy on SUVs, UPI transactions
