https://www.taxtmi.com/news?id=15372 The Government implemented macroeconomic and monetary easing measures alongside administrative steps to reduce inflation; advanced financial sector reforms (Payment Banks, recapitalization, Mission Indradhanush), created the NIIF, joined multilateral banks, strengthened macroprudential coordination via FSDC, and merged FMC into SEBI. Tax changes streamlined direct and indirect regimes, introduced taxpayer reliefs, advanced GST constitutional amendment, and enacted the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015 with penalties and a one time compliance window. Major financial inclusion schemes (PMJDY, PMMY, APY) and e governance tax initiatives were rolled out, while fiscal transfers to States were increased per Fourteenth Finance Commission norms. en-us Sat, 19 Dec 2015 18:15:34 +0530 Wed, 11 Feb 2026 15:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15372 The Government implemented macroeconomic and monetary easing measures alongside administrative steps to reduce inflation; advanced financial sector reforms (Payment Banks, recapitalization, Mission Indradhanush), created the NIIF, joined multilateral banks, strengthened macroprudential coordination via FSDC, and merged FMC into SEBI. Tax changes streamlined direct and indirect regimes, introduced taxpayer reliefs, advanced GST constitutional amendment, and enacted the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015 with penalties and a one time compliance window. Major financial inclusion schemes (PMJDY, PMMY, APY) and e governance tax initiatives were rolled out, while fiscal transfers to States were increased per Fourteenth Finance Commission norms. News - Sat, 19 Dec 2015 18:15:34 +0530 https://www.taxtmi.com/news?id=15372