https://www.taxtmi.com/news?id=16457 Tax incentives under the Income-tax Act and customs/excise law provide exemptions, deductions and special rates to promote exports, regional development, infrastructure, employment, charity, research and the cooperative sector. The Press Release reports cumulative revenue-impact figures for corporate and personal income tax and for customs and excise duty over five financial years, states no sector-wise beneficiary data is maintained while section-wise impacts are presented in the Statement of Revenue Impact of Tax Incentives, and notes no quantitative outcome assessment of these reliefs has been performed. en-us Tue, 02 Aug 2016 18:57:38 +0530 Tue, 02 Aug 2016 18:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16457 Tax incentives under the Income-tax Act and customs/excise law provide exemptions, deductions and special rates to promote exports, regional development, infrastructure, employment, charity, research and the cooperative sector. The Press Release reports cumulative revenue-impact figures for corporate and personal income tax and for customs and excise duty over five financial years, states no sector-wise beneficiary data is maintained while section-wise impacts are presented in the Statement of Revenue Impact of Tax Incentives, and notes no quantitative outcome assessment of these reliefs has been performed. News - Tue, 02 Aug 2016 18:57:38 +0530 https://www.taxtmi.com/news?id=16457