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<h1>Finance Bill 2019 Amends Income-Tax & GST Acts; Focus on Electronic Payments, Due Diligence, and Dispute Resolution</h1> The Finance (No. 2) Bill, 2019 proposes amendments to various sections of the Income-tax Act and the Central Goods and Services Tax Act. Key changes include empowering the Board to prescribe electronic modes for financial transactions, deductions, and tax computations. Amendments to sections like 9A, 13A, 35AD, and others aim to integrate electronic payments into tax processes. The Bill also introduces provisions for enhanced due diligence under the Prevention of Money-Laundering Act. Additionally, it addresses procedural aspects for maintaining records, authentication of Aadhaar and Permanent Account Numbers, and introduces the Sabka Vishwas Scheme for dispute resolution.