TMI BlogAmendment of Act 28 of 2016.X X X X Extracts X X X X X X X X Extracts X X X X ..... uted. - Clause 217 of the Bill seeks to amend section 236 of the Finance Act, 2016 which relates to amendment to sub-clause ( vi ) of clause ( j ) of sub-section ( 1 ) of section 2 of the Foreign Contribution (Regulation) Act, 2010. The proviso to the said sub-clause inserted under the Finance Act, 2016 states that notwithstanding the nominal value of share capital of a company exceeding one-half ..... X X X X Extracts X X X X X X X X Extracts X X X X
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