Wilful tax evasion threshold increased and maximum imprisonment reduced, altering penal limits and custodial terms. The amendment raises the monetary threshold that triggers enhanced punishment for a wilful attempt to evade tax and reduces the maximum term of imprisonment for both the principal and secondary offences while preserving minimum custodial terms and the court's discretion to impose fines.
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Wilful tax evasion threshold increased and maximum imprisonment reduced, altering penal limits and custodial terms.
The amendment raises the monetary threshold that triggers enhanced punishment for a wilful attempt to evade tax and reduces the maximum term of imprisonment for both the principal and secondary offences while preserving minimum custodial terms and the court's discretion to impose fines.
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