https://www.taxtmi.com/news?id=1095 The Budget advances a macroeconomic strategy emphasising fiscal consolidation, a roadmap to reduce the public debt to GDP ratio, and reallocation of public spending toward productivity enhancing investment. It pairs comprehensive tax reform efforts-progress on the Direct Tax Code and GST-with immediate tax rate and deduction changes, administrative computerisation, and measures to mobilise revenue through customs, excise and service tax adjustments. Institutional reforms and sectoral measures target financial stability, bank recapitalisation, infrastructure financing, inclusive rural and social programmes, and environmental funding via a clean energy cess. en-us Fri, 26 Feb 2010 13:13:48 +0530 Fri, 26 Feb 2010 13:13:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1095 The Budget advances a macroeconomic strategy emphasising fiscal consolidation, a roadmap to reduce the public debt to GDP ratio, and reallocation of public spending toward productivity enhancing investment. It pairs comprehensive tax reform efforts-progress on the Direct Tax Code and GST-with immediate tax rate and deduction changes, administrative computerisation, and measures to mobilise revenue through customs, excise and service tax adjustments. Institutional reforms and sectoral measures target financial stability, bank recapitalisation, infrastructure financing, inclusive rural and social programmes, and environmental funding via a clean energy cess. News - Fri, 26 Feb 2010 13:13:48 +0530 https://www.taxtmi.com/news?id=1095