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    <title>Direct Taxes (Income Tax) - Relaxation announced by the Finance Minister in the Lok Sabha while replying to the debate on Finance Bill, 2010</title>
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    <description>The business of establishing a new hospital with at least one hundred beds is designated a specified business for investment linked deduction; development and construction of housing projects under Central or State slum redevelopment or rehabilitation schemes are also included as specified business for such deduction. Separately, transfers of shares by shareholders consequent to tax neutral conversion of a company into a limited liability partnership are proposed to be exempt from taxation.</description>
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      <description>The business of establishing a new hospital with at least one hundred beds is designated a specified business for investment linked deduction; development and construction of housing projects under Central or State slum redevelopment or rehabilitation schemes are also included as specified business for such deduction. Separately, transfers of shares by shareholders consequent to tax neutral conversion of a company into a limited liability partnership are proposed to be exempt from taxation.</description>
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