https://www.taxtmi.com/circulars?id=4747 The Finance Act, 1982 revises income tax and deduction at source rates and introduces targeted exemptions and deductions to promote savings, investment, house construction, exports and foreign contracting. Key reforms relax residence tests for Indian citizens employed abroad, exempt certain interest receipts for qualifying non residents, expand capital gains relief for reinvestment in residential property, enhance Chapter VIA savings deductions, allow specified charitable trust investments in immovable property, and create a reserving and repatriation regime for profits from prescribed foreign projects, subject to audit and utilisation conditions. en-us Wed, 30 Jun 1982 00:00:00 +0530 Sat, 02 Aug 2008 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4747 The Finance Act, 1982 revises income tax and deduction at source rates and introduces targeted exemptions and deductions to promote savings, investment, house construction, exports and foreign contracting. Key reforms relax residence tests for Indian citizens employed abroad, exempt certain interest receipts for qualifying non residents, expand capital gains relief for reinvestment in residential property, enhance Chapter VIA savings deductions, allow specified charitable trust investments in immovable property, and create a reserving and repatriation regime for profits from prescribed foreign projects, subject to audit and utilisation conditions. Circulars Income Tax Wed, 30 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4747