To repair India's damaged reputation as an investment destination, the government in August 2021 enacted a new legislation to drop all such demand and refund about Rs 8,100 crore collected on the condition that any pending lawsuit or legal challenge against the government anywhere in the world would be dropped.
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Govt to settle almost all retro-tax cases this month: Revenue Secy
Govt to settle almost all retro-tax cases this month: Revenue Secy
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