https://www.taxtmi.com/news?id=4824 The Budget sets fiscal consolidation targets while allocating enhanced funds across rural development, agriculture, health, education, infrastructure and social sub-plans, and advances programmatic delivery measures such as expansion of Direct Benefit Transfer. It introduces tax-policy changes including an investment allowance for qualifying capital investment, temporary surcharges, a limited Commodities Transaction Tax, amended withholding rates for non-residents, and administrative reforms including a proposed Tax Administration Reforms Commission and a voluntary compliance scheme for historic service-tax dues. Financing and regulatory measures to mobilize infrastructure and industry investment are also proposed. en-us Thu, 28 Feb 2013 13:10:48 +0530 Thu, 28 Feb 2013 13:10:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4824 The Budget sets fiscal consolidation targets while allocating enhanced funds across rural development, agriculture, health, education, infrastructure and social sub-plans, and advances programmatic delivery measures such as expansion of Direct Benefit Transfer. It introduces tax-policy changes including an investment allowance for qualifying capital investment, temporary surcharges, a limited Commodities Transaction Tax, amended withholding rates for non-residents, and administrative reforms including a proposed Tax Administration Reforms Commission and a voluntary compliance scheme for historic service-tax dues. Financing and regulatory measures to mobilize infrastructure and industry investment are also proposed. News - Thu, 28 Feb 2013 13:10:48 +0530 https://www.taxtmi.com/news?id=4824