Keep abreast of the latest in business. Get notified about stories and events as they happen.
Home + -
Markets + -
Companies + -
Opinion + -
Specials + -
Tech + -
PF + -
Portfolio

Shows

Coronavirus

Sports + -
WEF 2022

e-paper

RETROSPECTIVE TAX

The meaning of the word ‘retrospective’ is ‘looking backward’. It relates to thinking about the past, ‘looking back over the past’, etc. In terms of taxation, retrospective tax means giving effect to the amendment in the present law before the date on which the changes were brought in.
 
It taxes a transaction that took place prior to the law being framed. 

LATEST UPDATES ON RETROSPECTIVE TAX