https://www.taxtmi.com/acts?id=23675 Clauses 139-142 of the Finance Bill, 2017 propose the repeal of the Research and Development Cess Act, 1986, thereby removing the statutory cess on payments for the import of technology and substituting budgetary allocation as the chosen mechanism to support research and development. The repeal is to commence on 1 April 2017. en-us Wed, 01 Feb 2017 18:36:10 +0530 Wed, 01 Feb 2017 18:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23675 Clauses 139-142 of the Finance Bill, 2017 propose the repeal of the Research and Development Cess Act, 1986, thereby removing the statutory cess on payments for the import of technology and substituting budgetary allocation as the chosen mechanism to support research and development. The repeal is to commence on 1 April 2017. Act-Rules Bills Wed, 01 Feb 2017 18:36:10 +0530 https://www.taxtmi.com/acts?id=23675