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TO PROMOTE DIGITAL PAYMENTS AND TO ENCOURAGE EASY PROCESS OF PAYMENT FLOWS, GOVERNMENT TO AMEND THE NEGOTIABLE INSTRUMENT ACT FOR HIGHER PENALTIES OF DISHONOURED CHEQUES.
TAXPAYER TO SHOW MORE ACCURATE AND CORRECT PARTICULAR OF INCOME
GOVERNMENT CONSIDERING RESTRUCTURING CENTRAL PUBLIC SECTOR OIL COMPANIES
TO MAINTAIN THE RECORDS OF DONATIONS RECEIVED IN EXCESS OF RS. 20000. CASH DONATION RESTRICTED UPTO RS. 2000
MAT CREDIT CAN BE CARRIED FORWARD UPTO 15 YEARS.
BASE YEAR FOR LONG TERM CAPITAL GAINS INDEXATION TO BE SHIFTED FROM 1981 TO 2001. MAJOR RELIEF FOR TRANSFER OF INHERITED PROPERTY AND REDUCTION IN…
DOMESTIC TRANSFER PRICING SCOPE RESTRICTED, APPLICABLE TO DOMESTIC COMPANIES WHEREIN ANY GROUP COMPANIES ENJOYING TAX BENEFITS
GREATER ACCOUNTABILITY OF TAX OFFICERS FOR ERRORS AND COMMISSION & OMISSION