https://www.taxtmi.com/news?id=52794 The Bill replaces imprisonment for minor, technical, or procedural defaults with monetary penalties or warnings, establishes an advisory or warning regime for first-time contraventions, rationalises penalties with graduated sanctions for repeat offences, empowers designated officers to adjudicate and impose administrative penalties, and provides for automatic periodic revision of fines to preserve deterrence. en-us Mon, 18 Aug 2025 17:33:50 +0530 Mon, 18 Aug 2025 17:33:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52794 The Bill replaces imprisonment for minor, technical, or procedural defaults with monetary penalties or warnings, establishes an advisory or warning regime for first-time contraventions, rationalises penalties with graduated sanctions for repeat offences, empowers designated officers to adjudicate and impose administrative penalties, and provides for automatic periodic revision of fines to preserve deterrence. News - Mon, 18 Aug 2025 17:33:50 +0530 https://www.taxtmi.com/news?id=52794