Union Finance Minister Holds Pre-Budget Consultation with the Representatives of Industry and Trade Groups; Calls for Directional Thrust to Translate Enthusiasm among the Industry into better Results https://www.taxtmi.com/news?id=12781 Pre budget consultations urged fiscal consolidation, curbing food inflation and rapid GST implementation, and called for avoidance of retrospective tax amendments to preserve business confidence. Industry sought greater transparency in tax laws, especially transfer pricing, exemptions from MAT on certain incomes and dividends, reductions in MAT, abolition of specified TDS obligations, service tax and excise relief for exporters and small units, removal of investment thresholds for MSME incentives, technological upgradation support, bank recapitalization via markets, and creation of an Export Development Fund to boost competitiveness. en-us Sat, 07 Jun 2014 11:03:21 +0530 Sat, 07 Jun 2014 11:03:21 +0530 TaxTMI RSS Generator Union Finance Minister Holds Pre-Budget Consultation with the Representatives of Industry and Trade Groups; Calls for Directional Thrust to Translate Enthusiasm among the Industry into better Results https://www.taxtmi.com/news?id=12781 Pre budget consultations urged fiscal consolidation, curbing food inflation and rapid GST implementation, and called for avoidance of retrospective tax amendments to preserve business confidence. Industry sought greater transparency in tax laws, especially transfer pricing, exemptions from MAT on certain incomes and dividends, reductions in MAT, abolition of specified TDS obligations, service tax and excise relief for exporters and small units, removal of investment thresholds for MSME incentives, technological upgradation support, bank recapitalization via markets, and creation of an Export Development Fund to boost competitiveness. News - Sat, 07 Jun 2014 11:03:21 +0530 https://www.taxtmi.com/news?id=12781