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of <h1>Criminal penalty for failing to remit withheld tax: 3 months-7 years imprisonment, fine; cross-reference clarified, timing tightened</h1> The enacted provision and the earlier bill both create a criminal offence for failing to remit tax collected at source, punishable by rigorous imprisonment (minimum three months, maximum seven years) and a fine; the enacted text mainly alters the statutory cross-reference (linking liability to a specific remittance duty provision) and slightly tightens timing language for the temporal exception (payment 'on or before' the prescribed statement-filing time). These drafting changes may narrow or clarify the triggering duty depending on the substantive content of the referenced sections; otherwise the penalty regime and the narrow time-based exception remain materially the same, with no mens rea or mitigation provisions.
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