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Lok Sabha Passes Finance Bill (No.2): New Tax Rates, Provisions, and Exemptions to Boost Compliance and Revenue.

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....The Lok Sabha has passed the Finance Bill (No.2), introducing new tax rates, provisions, and exemptions aimed at enhancing compliance and increasing revenue. The bill includes measures designed to streamline tax processes and encourage adherence to tax regulations, potentially impacting taxpayers and businesses across various sectors.....