Since the enactment of the Constitution (One Hundred and First Amendment) Act, 2016, the preparatory work for this path-breaking reform has been a top priority for the Government.
(iii) As part of accounting reforms, accrual based financial statements will be rolled out by March 2019.
Such restriction shall not apply to Government, banks or such other persons or class of persons or receipts notified by the Central Government.
2.12 In a case where the foreign tax credit has not been granted to the assesse on the ground that payment of such tax is in dispute, it is proposed to provide, subject to certain conditions, additional time to the Assessing Officer for allowing the.
Our Government is giving special importance to implementation of the schemes for welfare of Scheduled Castes, Scheduled Tribes and Minorities.Indias tax to GDP ratio is very low, and the proportion of direct tax to indirect tax is not optimal from the view point of social justice.We propose to leverage information technology and launch swayam platform with at least 350 online courses.Will be made fully online by sebi.A programme of human resource reforms for results will be launched during 2017-18 for this purpose.The focus would be on rural and semi urban areas through Post Offices, slam 101.1 fm live Fair Price Shops and Banking Correspondents.There is an urgent need to protect the poor and gullible investors from another set of dubious schemes, operated by unscrupulous entities who exploit the regulatory gaps in the Multi State Cooperative Societies Act, 2002.Also Read Allocation to mnrega increased to Rs 48000 crore, FM Jaitley says highest ever.The focus will be on 3479 educationally backward blocks.The digital payment infrastructure and grievance handling mechanisms shall be strengthened.This will give us a holistic view of allocations for sectors and ministries.
We shall continue to undertake many more measures to ensure that the fruits of growth reach the farmers, the workers, the poor, the scheduled castes and scheduled tribes, women and other vulnerable sections of our society.
We propose to provide safe drinking water to over 28,000 arsenic and fluoride affected habitations in the next four years.
Select airports in Tier 2 cities will be taken up for operation and maintenance in the PPP mode.
There is no significant loss or gain in my indirect tax proposals.However, in order to make this scheme more attractive, I propose certain changes in the scheme.India has become the sixth largest manufacturing country in the world, up from ninth previously.This will boost economic activity, with multiplier effects.Last year, the target.22 lakh crores was exceeded.The holding period for considering gain from immovable property to be long term is 3 years now.Wikipedia features a massive list of common misconceptions about history, science, and more.Steps will be taken for linking of individual demat accounts with Aadhar.With a better monsoon, agriculture is expected to grow.1 in the current year.The situation has only marginally improved since these provisions were brought into force.