https://www.taxtmi.com/news?id=1503 Amendments to the Coinage Bill 2009 will implement Standing Committee recommendations and Cabinet approval to consolidate multiple coinage statutes into a modernised law, revise obsolete provisions, and adopt measures including adjusted penalties for melting or destroying coins, a broadened statutory definition of coin to include a low denomination note with repeal of an outdated ordinance, specified legal tender thresholds for coin denominations, and removal of restrictive procedural provisions, with consequential and drafting changes to be moved in Parliament. en-us Thu, 10 Feb 2011 21:10:53 +0530 Thu, 10 Feb 2011 21:10:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1503 Amendments to the Coinage Bill 2009 will implement Standing Committee recommendations and Cabinet approval to consolidate multiple coinage statutes into a modernised law, revise obsolete provisions, and adopt measures including adjusted penalties for melting or destroying coins, a broadened statutory definition of coin to include a low denomination note with repeal of an outdated ordinance, specified legal tender thresholds for coin denominations, and removal of restrictive procedural provisions, with consequential and drafting changes to be moved in Parliament. News - Thu, 10 Feb 2011 21:10:53 +0530 https://www.taxtmi.com/news?id=1503