https://www.taxtmi.com/news?id=16602 Insertion into the Income tax Act recognises reconstruction or splitting up of a company that ceased to be a public sector company due to a demerger when done to satisfy a condition attached to the transfer and other notified conditions, effective from the specified April date; the Explanation to the employment deduction provision treats apparel manufacturers as subject to a reduced qualifying days requirement from the same date. The Customs Tariff First Schedule substitutions raise the duty rate for specified tariff items in two chapters, altering import duty incidence on those goods. en-us Mon, 12 Sep 2016 11:36:01 +0530 Mon, 12 Sep 2016 11:36:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16602 Insertion into the Income tax Act recognises reconstruction or splitting up of a company that ceased to be a public sector company due to a demerger when done to satisfy a condition attached to the transfer and other notified conditions, effective from the specified April date; the Explanation to the employment deduction provision treats apparel manufacturers as subject to a reduced qualifying days requirement from the same date. The Customs Tariff First Schedule substitutions raise the duty rate for specified tariff items in two chapters, altering import duty incidence on those goods. News - Mon, 12 Sep 2016 11:36:01 +0530 https://www.taxtmi.com/news?id=16602