With reference to Retrospective Taxation in India, consider the following statements:
It allows the government to impose a tax on transactions or deals that were concluded before the specific law or amendment was enacted.
Under the Taxation Laws (Amendment) Act, 2021, India nullified retrospective tax demands raised for indirect transfers of Indian assets if the transaction took place before May 2012.
According to the Finance Act 2026, capital gains arising from the redemption of Sovereign Gold Bonds (SGBs) are now retrospectively taxable at 12.5% for all investors who bought them from the secondary market.
Which of the statements given above are correct?
Your result is as below :
March 21, 2026
March 19, 2026
March 14, 2026
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