Govt exempts Group exercising less than 50% voiting rights for 5 years from Combinations

By | March 7, 2016
(Last Updated On: March 7, 2016)

NOTIFICATION NO. SO 673(E) [F.NO.5/33/2007-CS (PART)],

DATED 4-3-2016

In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts the ‘Group’ exercising less than fifty per cent. of voting rights in other enterprise from the provisions of section 5 of the said Act for a period of five years with effect from the date of publication of this notification in the official gazette.

Direct Taxes Ready ReckonerService Tax Ready ReckonerCompany Law Ready Reckonertax deduction at source
New Books Released on Tax , GST and law

Leave a Reply

Your email address will not be published. Required fields are marked *