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Govt Proposes To Make Conversion Of Preference Shares To Equity Shares Tax Neutral - (02 Feb 2017)

Government has proposed to provide tax neutrality to conversion of preference shares of a company into equity shares of that company by excluding such conversion from the purview of the word ‘transfer’.

Tags : BUDGET 2017-18   UNION BUDGET   RAIL BUDGET   ARUN JAITLEY   FINANCE MINISTER  

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