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    • I-T exemption on buying shares at discounted price in firms under insolvency proceedings

      The Central Board of Direct Taxes (CBDT) through a notification said the exemptions would come into effect from April 1, 2020, and shall be applicable for the assessment year 2020-21 and thereafter.

    • ESOPs need oxygen. Here's how the Budget can throw a tax helpline

      New manufacturers and startups stand to gain a lot in attracting talent if ESOPs turn tax friendly

    • Indexation: How it affects long-term capital gains tax calculations

      Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head ‘capital gains‘. For computing capital gains, the immovable &#82

    • CBDT notifies rules for calculating assets' fair market value

      The tax department today notified rules for calculating 'fair market value' of assets located in India in case of indirect transfer by multi-national companies for the purpose of levying tax.

    • FDI To JV: Long Winding Road!

      After 8 years of waiting, we had a one week blitz. From proposal to notification in 5 days...that's a record of sorts for any FDI policy liberalization in India.

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