https://www.taxtmi.com/news?id=16494 The Bill enlarges the definition of demerger to include reconstructions or splitting up of companies that ceased to be public sector companies when undertaken to give effect to conditions attached to transfer of government shares and notified conditions; it reduces the qualifying employment-duration requirement under section 80JJAA for apparel manufacturing for additional employee cost deduction, and it raises specified customs tariff rates in Chapters 25 and 68 to the WTO-bound level to permit greater tariff flexibility on certain stone imports. en-us Wed, 10 Aug 2016 16:12:49 +0530 Wed, 10 Aug 2016 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16494 The Bill enlarges the definition of demerger to include reconstructions or splitting up of companies that ceased to be public sector companies when undertaken to give effect to conditions attached to transfer of government shares and notified conditions; it reduces the qualifying employment-duration requirement under section 80JJAA for apparel manufacturing for additional employee cost deduction, and it raises specified customs tariff rates in Chapters 25 and 68 to the WTO-bound level to permit greater tariff flexibility on certain stone imports. News - Wed, 10 Aug 2016 16:12:49 +0530 https://www.taxtmi.com/news?id=16494