https://www.taxtmi.com/news?id=1589 The budget frames a multi-year strategy prioritising sustained growth, inclusion and institutional reform through fiscal consolidation under the Fiscal Responsibility and Budget Management Act, establishment of independent debt management, phased direct cash subsidy transfers, and expenditure reorientation. It advances structural tax reforms by legislating the Direct Taxes Code and introducing the Goods and Services Tax with supporting IT infrastructure, while detailing interim direct and indirect tax measures, sectoral allocations for agriculture, social sectors and infrastructure, financial-sector legislative initiatives, and governance and anti illicit finance measures including expanded information exchange and enforcement capacity. en-us Mon, 28 Feb 2011 14:11:02 +0530 Mon, 28 Feb 2011 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1589 The budget frames a multi-year strategy prioritising sustained growth, inclusion and institutional reform through fiscal consolidation under the Fiscal Responsibility and Budget Management Act, establishment of independent debt management, phased direct cash subsidy transfers, and expenditure reorientation. It advances structural tax reforms by legislating the Direct Taxes Code and introducing the Goods and Services Tax with supporting IT infrastructure, while detailing interim direct and indirect tax measures, sectoral allocations for agriculture, social sectors and infrastructure, financial-sector legislative initiatives, and governance and anti illicit finance measures including expanded information exchange and enforcement capacity. News - Mon, 28 Feb 2011 14:11:02 +0530 https://www.taxtmi.com/news?id=1589