https://www.taxtmi.com/news?id=14077 Budget 2015 16 advances a comprehensive fiscal program emphasising tax reform and enforcement, including implementation of the Goods and Services Tax, phased corporate tax reduction, abolition of wealth tax replaced by a surcharge on very high incomes, strengthened anti black money and Benami laws with punitive sanctions, and administrative modernization. It pairs these reforms with measures to incentivise investment and manufacturing, targeted concessions to middle income taxpayers, and institutional initiatives to expand social security, microfinance refinancing, infrastructure financing, and innovation and skill development. en-us Sat, 28 Feb 2015 13:12:33 +0530 Sat, 28 Feb 2015 13:12:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14077 Budget 2015 16 advances a comprehensive fiscal program emphasising tax reform and enforcement, including implementation of the Goods and Services Tax, phased corporate tax reduction, abolition of wealth tax replaced by a surcharge on very high incomes, strengthened anti black money and Benami laws with punitive sanctions, and administrative modernization. It pairs these reforms with measures to incentivise investment and manufacturing, targeted concessions to middle income taxpayers, and institutional initiatives to expand social security, microfinance refinancing, infrastructure financing, and innovation and skill development. News - Sat, 28 Feb 2015 13:12:33 +0530 https://www.taxtmi.com/news?id=14077