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Monday, October 27, 2025
TopicRetrospective taxation

Topic: Retrospective taxation

Govt releases draft of declaration to be given by companies to enable withdrawal of retro tax demands

The govt earlier enacted Taxation Laws (Amendment) Act which removed its power to slap capital gains levies wherever ownership had changed hands overseas but their assets were in India.

Cairn, Vodafone, Devas cases show India can’t treat outsiders like it treats its own people

When a predatory state used to treating citizens as captives behaves in the same manner with external players, it gets a push-back that it does not usually experience domestically.

Cairn moving to seize Indian assets embarrassing. Modi govt had time to end retrospective tax

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After losing no.2 carmaker spot, Hyundai is betting big on the new Venue

Indian car buyers are just as tech-obsessed as their Chinese counterparts, and that obsession has taken precedence over handling and performance.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.