Withholding and compliance overhaul: Bill expands deduction points, tightens transfer pricing adjustments and deadlines for assessments. Finance Bill, 2017 revises tax rates and surcharge treatment, broadens withholding and collection points including rent and specified agreements, establishes secondary adjustment rules for transfer pricing outcomes and limits interest deduction on related party debt, reforms capital gains recognition and cost computation for specified transfers, clarifies targeted exemptions and pension withdrawals, and tightens compliance, assessment timelines, search and seizure confidentiality, documentation requirements and penalties, with most changes effective for assessment years 2017-2018 or 2018-2019 as specified.