Monday, November 12, 2018

Cabinet approves norms for sale of enemy shares

The Union Cabinet has approved the mechanism and procedure for sale of the enemy shares. The procedure has been explicated that ‘In principle’ approval need to be taken for sale of enemy shares under the custody of Ministry of Home affairs as per the sub-section 1 of section 8A of the Enemy Property Act, 1968.

from taxmann.com News https://ift.tt/2z3Ck6e

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