https://www.taxtmi.com/news?id=12946 The Budget prioritises fiscal consolidation and growth revival through expenditure discipline, revenue mobilisation and structural reforms, proposing an Expenditure Management Commission and subsidy overhaul. Tax reforms aim to broaden the base, reduce litigation and incentivise investment via administrative strengthening of Advance Rulings, Transfer Pricing changes, support for REITs/InvITs and investment allowances for manufacturing. Indirect tax adjustments target inverted duties and domestic manufacturing while preparatory work for GST and trade facilitation measures like a Customs Single Window are advanced. Programmatic allocations support infrastructure, agriculture, social welfare and financial sector reforms. en-us Thu, 10 Jul 2014 13:50:54 +0530 Thu, 10 Jul 2014 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12946 The Budget prioritises fiscal consolidation and growth revival through expenditure discipline, revenue mobilisation and structural reforms, proposing an Expenditure Management Commission and subsidy overhaul. Tax reforms aim to broaden the base, reduce litigation and incentivise investment via administrative strengthening of Advance Rulings, Transfer Pricing changes, support for REITs/InvITs and investment allowances for manufacturing. Indirect tax adjustments target inverted duties and domestic manufacturing while preparatory work for GST and trade facilitation measures like a Customs Single Window are advanced. Programmatic allocations support infrastructure, agriculture, social welfare and financial sector reforms. News - Thu, 10 Jul 2014 13:50:54 +0530 https://www.taxtmi.com/news?id=12946