Buyback taxation introduced in Budget

Shakshi Sodhani , Last updated: 08 July 2019  
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Curbing tax avoidance by companies:Buyback Taxation It is proposed to provide that listed companies shall also be liable to pay additional tax at 20 percent in case of buyback of share, as is the case currently for unlisted companies, Sitharaman said in the Budget speech. Companies with excess c

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Published by

Shakshi Sodhani
(CA,CS)
Category Union Budget   Report

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