US body hails Indian gov's move to withdraw retrospective tax law
The Hindu
Finance Minister Nirmala Sitharaman introduced The Taxation Laws (Amendment) Bill, 2021 in the Lok Sabha that seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets.
US-India Strategic and Partnership Forum (USISPF) on Thursday, August 5, 2021, applauded the Indian move to relating to tax on indirect transfers. “Yesterday’s Bill introduced by the Finance Ministry will only encourage more international investments into India and is a welcome relief for companies who have long invested in the country. The USISPF is proud to have worked on this issue for many years,” Mukesh Aghi, president and CEO of the USISPF said. “USISPF applauds India’s move to withdraw the retrospective tax amendment relating to tax on indirect transfers,” he said in a statement.
Tamil Nadu government ministers stand firm against Hindi imposition and demand rightful share of funds.
Stampedes at religious events in India have caused hundreds of deaths over the years, highlighting safety concerns.
RSS chief Mohan Bhagwat urges people to understand the organisation's goal of uniting Hindu society, emphasizing close contact over distance.
Madurai Reader’s Mail
Congress accused Himanta Biswa Sarma of indulging in an “atrocious smear campaign” against Gaurav Gogoi.
Historic one-day Assembly session in Kokrajhar symbolizes peace and integration, a major highlight of Chief Minister Sarma's tenure.
The debate on reservation in judicial appointments for diversity and representation in the Supreme Court and High Courts.
Boosting business confidence, India and U.S. aim to double commerce to $500 billion by 2030 through bilateral trade agreement.
Actors Vikrant Massey and Bhumi Pednekar advise students to focus on life skills, not just exams, during PM's Pariksha Pe Charcha.
Two Rajpura youths deported from the U.S. arrested for murder upon landing at Amritsar airport.
Fatal accident on Purvanchal Expressway in Barabanki; tempo-traveller collides with bus, leaving 4 dead and 6 injured.
Vizianagaram district installs CC cameras on State Highways to reduce accidents, identify vehicles, and promote road safety.
Andhra Pradesh CM N. Chandrababu Naidu mourns the death of film producer and actor Krishna Veni, honoring her contributions.