https://www.taxtmi.com/news?id=4844 The Budget raises surtaxes on high earners and companies, grants a limited investment allowance to manufacturers, continues concessional tax treatment for foreign dividends for a year, introduces 1% TDS on certain immovable property transfers (excluding agricultural land), phases in modified GAAR, increases withholding on non resident royalties and fees for technical services, and proposes a limited Commodities Transaction Tax with agricultural exemptions; it also implements administrative measures and a one time voluntary service tax compliance scheme. en-us Thu, 28 Feb 2013 14:02:13 +0530 Thu, 28 Feb 2013 14:02:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4844 The Budget raises surtaxes on high earners and companies, grants a limited investment allowance to manufacturers, continues concessional tax treatment for foreign dividends for a year, introduces 1% TDS on certain immovable property transfers (excluding agricultural land), phases in modified GAAR, increases withholding on non resident royalties and fees for technical services, and proposes a limited Commodities Transaction Tax with agricultural exemptions; it also implements administrative measures and a one time voluntary service tax compliance scheme. News - Thu, 28 Feb 2013 14:02:13 +0530 https://www.taxtmi.com/news?id=4844