https://www.taxtmi.com/news?id=12790 The government prioritises restoring economic growth, curbing inflation and pursuing fiscal consolidation while creating higher employability. The consultation generated tax and governance recommendations: remove retrospective tax amendments, eliminate cesses and surcharges in favour of rate adjustments, repeal dividend distribution tax, consider an inheritance tax above thresholds, widen the tax base, reduce tax uncertainty and constrain discretionary powers of junior tax officers. Other proposals addressed simplification of fund transfers to States, consolidation of state financing agencies, labour law reform, credit support for labour intensive manufacturing, measures to revive investment and threshold-based resolution of tax disputes at tribunal level. en-us Wed, 11 Jun 2014 09:57:44 +0530 Wed, 11 Jun 2014 09:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12790 The government prioritises restoring economic growth, curbing inflation and pursuing fiscal consolidation while creating higher employability. The consultation generated tax and governance recommendations: remove retrospective tax amendments, eliminate cesses and surcharges in favour of rate adjustments, repeal dividend distribution tax, consider an inheritance tax above thresholds, widen the tax base, reduce tax uncertainty and constrain discretionary powers of junior tax officers. Other proposals addressed simplification of fund transfers to States, consolidation of state financing agencies, labour law reform, credit support for labour intensive manufacturing, measures to revive investment and threshold-based resolution of tax disputes at tribunal level. News - Wed, 11 Jun 2014 09:57:44 +0530 https://www.taxtmi.com/news?id=12790