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    <title>BUDGET 2009 - RESULT ORIENTATION OF POLICIES AND PROVISIONS</title>
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    <description>The paper proposes growth oriented fiscal reforms: lower indirect tax rates and excise duties, expanded depreciation and investment incentives, higher retirement savings deductions, and targeted agricultural investment support. It recommends raising monetary thresholds for tax audits, cash payments and TDS limits, expanding PAN coverage with declaratory filings for non taxable persons and selective verification, transferring service tax administration to the income tax department, and abolishing or raising exemptions for MAT and Wealth Tax. It also seeks abolition of appeal fees and penalties for officers disregarding binding precedent.</description>
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    <pubDate>Sat, 13 Jun 2009 00:00:00 +0530</pubDate>
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