https://www.taxtmi.com/news?id=21633 The Budget 2019-20 proposes direct tax reforms including widened filing and reporting obligations, interchangeability of PAN and Aadhaar, enhanced start-up and IFSC tax incentives, parity for NBFC tax treatment, relaxed carry-forward rules for start-ups, and higher surcharge for top incomes; administrative modernization through pre-filled returns and phased faceless e-assessment; customs, excise and GST adjustments to protect domestic industry, incentivise electric vehicles and simplify compliance; introduction of a Sabka Vishwas legacy dispute resolution scheme; and measures to deepen infrastructure and corporate debt finance. en-us Fri, 05 Jul 2019 16:49:35 +0530 Wed, 11 Feb 2026 15:58:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21633 The Budget 2019-20 proposes direct tax reforms including widened filing and reporting obligations, interchangeability of PAN and Aadhaar, enhanced start-up and IFSC tax incentives, parity for NBFC tax treatment, relaxed carry-forward rules for start-ups, and higher surcharge for top incomes; administrative modernization through pre-filled returns and phased faceless e-assessment; customs, excise and GST adjustments to protect domestic industry, incentivise electric vehicles and simplify compliance; introduction of a Sabka Vishwas legacy dispute resolution scheme; and measures to deepen infrastructure and corporate debt finance. News - Fri, 05 Jul 2019 16:49:35 +0530 https://www.taxtmi.com/news?id=21633