https://www.taxtmi.com/news?id=12417 Acceptance of one rank one pension for defence personnel with a dedicated budgetary allocation and an enhanced defence allocation is a central fiscal measure. The Interim Budget sets macro fiscal targets for deficit reduction and reorders expenditure priorities while proposing sectoral tax and excise adjustments to promote domestic manufacturing, increases in agricultural credit and targeted social programme funding. Revenue measures include temporary excise reductions, restructuring of duty for mobile handsets, withdrawal of select exemptions, enforcement actions on offshore accounts, and publication of the Direct Taxes Code for consultation. en-us Mon, 17 Feb 2014 12:52:02 +0530 Mon, 17 Feb 2014 12:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12417 Acceptance of one rank one pension for defence personnel with a dedicated budgetary allocation and an enhanced defence allocation is a central fiscal measure. The Interim Budget sets macro fiscal targets for deficit reduction and reorders expenditure priorities while proposing sectoral tax and excise adjustments to promote domestic manufacturing, increases in agricultural credit and targeted social programme funding. Revenue measures include temporary excise reductions, restructuring of duty for mobile handsets, withdrawal of select exemptions, enforcement actions on offshore accounts, and publication of the Direct Taxes Code for consultation. News - Mon, 17 Feb 2014 12:52:02 +0530 https://www.taxtmi.com/news?id=12417