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    <title>Memorandums</title>
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    <description>Finance Bill, 2002 amends tax statutes to set 2002 03 income tax and withholding rates with surcharges, implements sectoral incentives (additional depreciation, shipping reserve treatment, expanded 54EC bonds, tax holidays for convention centres and multiplexes), tightens anti avoidance and transfer pricing rules, widens the tax base by withdrawing select exemptions and shifting dividend/unit taxation to recipients with revived withholding obligations, and reforms procedures for assessments, search/seizure, penalties, filings and electronic bulk returns; parallel customs, excise and service tax tariff and structural changes are also proposed.</description>
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    <pubDate>Wed, 22 Oct 2008 16:46:29 +0530</pubDate>
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      <title>Memorandums</title>
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      <description>Finance Bill, 2002 amends tax statutes to set 2002 03 income tax and withholding rates with surcharges, implements sectoral incentives (additional depreciation, shipping reserve treatment, expanded 54EC bonds, tax holidays for convention centres and multiplexes), tightens anti avoidance and transfer pricing rules, widens the tax base by withdrawing select exemptions and shifting dividend/unit taxation to recipients with revived withholding obligations, and reforms procedures for assessments, search/seizure, penalties, filings and electronic bulk returns; parallel customs, excise and service tax tariff and structural changes are also proposed.</description>
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      <pubDate>Wed, 22 Oct 2008 16:46:29 +0530</pubDate>
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