https://www.taxtmi.com/news?id=922 The Budget combines immediate counter cyclical fiscal stimulus-expanded public investment in infrastructure, targeted refinancing via IIFCL, agriculture credit and subventions, export and MSME support-with medium term reforms to restore fiscal sustainability. It proposes tax reforms to improve equity and administration (personal exemption increases, abolition of fringe benefit tax, MAT recalibration, investment linked incentives, expanded presumptive taxation, dispute resolution mechanisms) and selective indirect tax adjustments to support industry, health, renewables and exporters while converging excise rates ahead of GST. Social inclusion measures expand entitlements under employment guarantees, draft food security legislation, rural development, health, education and financial inclusion. en-us Mon, 06 Jul 2009 13:38:55 +0530 Mon, 06 Jul 2009 13:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=922 The Budget combines immediate counter cyclical fiscal stimulus-expanded public investment in infrastructure, targeted refinancing via IIFCL, agriculture credit and subventions, export and MSME support-with medium term reforms to restore fiscal sustainability. It proposes tax reforms to improve equity and administration (personal exemption increases, abolition of fringe benefit tax, MAT recalibration, investment linked incentives, expanded presumptive taxation, dispute resolution mechanisms) and selective indirect tax adjustments to support industry, health, renewables and exporters while converging excise rates ahead of GST. Social inclusion measures expand entitlements under employment guarantees, draft food security legislation, rural development, health, education and financial inclusion. News - Mon, 06 Jul 2009 13:38:55 +0530 https://www.taxtmi.com/news?id=922