https://www.taxtmi.com/article/detailed?id=7248 The budget combines increased rural and infrastructure spending with fiscal consolidation and revenue measures: expanded allocations for rural, agricultural and infrastructure programmes; multi-year fiscal deficit targets; corporate tax relief limited to companies to encourage incorporation; tightening of cash transaction thresholds and political donation rules; proposal to enable issuance of electoral bonds; abolition of an investment approval body; and measures to expand digital payment infrastructure. Expert commentary questions the exclusion of LLPs from the corporate tax concession and seeks clarification on changes to the tax rebate provision and the effective date for political funding reforms. en-us Wed, 01 Feb 2017 15:19:38 +0530 Thu, 02 Feb 2017 10:21:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7248 The budget combines increased rural and infrastructure spending with fiscal consolidation and revenue measures: expanded allocations for rural, agricultural and infrastructure programmes; multi-year fiscal deficit targets; corporate tax relief limited to companies to encourage incorporation; tightening of cash transaction thresholds and political donation rules; proposal to enable issuance of electoral bonds; abolition of an investment approval body; and measures to expand digital payment infrastructure. Expert commentary questions the exclusion of LLPs from the corporate tax concession and seeks clarification on changes to the tax rebate provision and the effective date for political funding reforms. Articles Budget - Tax Proposals Wed, 01 Feb 2017 15:19:38 +0530 https://www.taxtmi.com/article/detailed?id=7248