https://www.taxtmi.com/news?id=17138 Pre budget consultations urged recapitalization of banks and full tax exemption for NPA provisioning to shore up balance sheets, alongside targeted tax relief to protect senior citizens' deposit income and tax rebates to incentivize merchant and consumer digital transactions. Implementation proposals included a Central Registry for GST compliance by pan India banks, incentives for digital acceptance infrastructure, service tax exemption for banking correspondent transactions, digitization of cooperative and regional rural banks, capitalization of NABARD, and the creation of sectoral funds for dairy infrastructure and agri start ups. en-us Wed, 21 Dec 2016 10:10:58 +0530 Wed, 21 Dec 2016 10:10:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17138 Pre budget consultations urged recapitalization of banks and full tax exemption for NPA provisioning to shore up balance sheets, alongside targeted tax relief to protect senior citizens' deposit income and tax rebates to incentivize merchant and consumer digital transactions. Implementation proposals included a Central Registry for GST compliance by pan India banks, incentives for digital acceptance infrastructure, service tax exemption for banking correspondent transactions, digitization of cooperative and regional rural banks, capitalization of NABARD, and the creation of sectoral funds for dairy infrastructure and agri start ups. News - Wed, 21 Dec 2016 10:10:58 +0530 https://www.taxtmi.com/news?id=17138