Newsletter/Booklets 23rd Jul 2024

Budget Buzz – Abolishing Buyback Tax

Authors

Rahul CharkhaPartner | Pune
Arpita ChoudharyPrincipal Associate | Pune

Latest Thought Leadership

international trades
Alerts & Updates 26th Aug 2026

U.S. Expands Iran Sanctions under “Operation Economic Outcast” – New Sectoral Measures and India-Related Measures

Read More
Newsletter/Booklets 24th Aug 2026

Trade Newsletter: July 2026

Read More
Alerts & Updates 21st Aug 2026

From Bangalore Water Supply to Jai Bir Singh: The Evolving Definition Of “Industry”

Read More
Investment Funds
Alerts & Updates 20th Aug 2026

Only Accredited Investors can invest in Angel Funds, but are Angel Funds AI-Only Funds?

Read More

As a part of measures for widening and deepening the tax base including anti-avoidance, the Finance Bill 2024 has proposed to abolish BBT payable by companies on any amount of income distributed on buy-back of shares.

Read our Budget Buzz on this subject to find out the pros and cons of this!

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.