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I-T Amendment Bill

29 Nov 2016

Lok Sabha passes I-T Amendment Bill amidst heavy ruckus

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29 Nov 2016

Lok Sabha passes I-T Amendment Bill to tax black money post-demonetisation

Amidst din and without debate, Lok Sabha Tuesday passed within minutes a major bill that provides a window to legalise black money post-demonetisation and a tax on that amount, triggering a controversy with the Opposition calling it a "black day" and accusing it of being "undemocratic and dictatorial".

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