Finance Bill 2016 introduces equalisation levy; Clause 160 specifies commencement date via Central Government notification.

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Full Text of the Document

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....EQUALISATION LEVY - Chapter VIII of the Bill seeks to insert a new Chapter in the Finance Bill, 2016 which deals with equalisation levy, collection and recovery of such levy. - Clause 160 of the Bill provides that the said chapter shall come into force on such date as Central Government may, by notification in the Official Gazette, appoint.....