Left Menu
Development News Edition

Kerala Assembly passes resolution to withdraw proposed amendment in section 6 of Income Tax Act

The Kerala Assembly on Thursday passed a resolution moved by state Chief Minister Pinarayi Vijayan to withdraw the proposed amendment to the section 6 of Income Tax Act, which lays down conditions for residential status for tax purposes in India.

ANI | Thiruvananthapuram (Kerala) | Updated: 06-02-2020 16:49 IST | Created: 06-02-2020 16:49 IST
Kerala Assembly passes resolution to withdraw proposed amendment in section 6 of Income Tax Act
Representative Image. Image Credit: ANI

The Kerala Assembly on Thursday passed a resolution moved by state Chief Minister Pinarayi Vijayan to withdraw the proposed amendment to the section 6 of Income Tax Act, which lays down conditions for residential status for tax purposes in India. This comes three days after Vijayan had raised concerns regarding proposed amendment in the Assembly."With the amendment, those working in foreign countries will have to stay abroad for 240 days per year instead of 182 days at present, for retaining their non-resident status. The proposed reduction of the period from '182 days or more' to '120 days or more' will adversely affect professionals leaving for employment from Kerala particularly in Gulf countries," he had said. He had said those running partnership business abroad and working in areas like oil rigs, will be most affected.

Congress members in the House had also raised their concerns regarding the proposed amendment. Vijayan had written a letter to Prime Minister Narendra Modi in this regard, wherein he said: "Most of the people working in the countries of the Gulf Region, from Kerala, are having homes and families in Kerala. They visit and stay in their home state to look after domestic affairs. Tax evasion is not their intention and they do not fall in the category of persons who shift their bases to escape taxes." (ANI).

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION / BLOG / INTERVIEW

Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future

... ...

Aviation post-COVID 19: Hard time ahead of getting people back on planes

The sweeping travel restrictions have largely brought international travel to a halt and domestic travel is also facing a huge number of cancellations as billions of people are ordered to stay inside their homes as part of strict lock-downs...

All party meeting - Blocking dialogue not culture of Bengal, Mamata needs to speak up

If that happens, history will record it as the dark age of Bengal....

Videos

Latest News

FACTBOX-OPEC+ talks face challenges over baseline for cuts and U.S. role

OPEC and its allies are due to hold talks on Thursday to discuss the biggest coordinated supply production cut in history but they must agree on two major points the levels from which any cuts should be made and how the United States will r...

Sai Praneeth donates Rs 4 lakh for fight against COVID-19 pandemic

World Badminton Championships bronze medallist B Sai Praneeth on Wednesday donated Rs four lakh to help in the fight against the rapidly-spreading COVID-19 pandemic, which has killed over 80,000 globally. Praneeth, who is assured of a place...

Tribal affairs minister urges states to procure minor forest produce from lockdown-hit tribals

Union Tribal Affairs Minister Arjun Munda on Wednesday wrote to chief ministers of 15 states, urging them to procure minor forest produce from tribals who have been hit hard due to the lockdown imposed to contain the spread of coronavirus. ...

'Now is not the time to relax measures': WHO Europe

Despite positive signs from some countries, it is too early to scale back measures aimed at containing the spread of the coronavirus, the World Health Organizations European office said Wednesday. Now is not the time to relax measures, WHO ...

Give Feedback