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Budget 2017 Proposed Changes in Laws in India

Budget 2017 Proposed Changes in Laws in India

The budget has proposed various changes in law as below :
1.Merger of Tribunals
2.Confiscation of Assets of Economic offenders
3.Repeal of Research and Development Cess Act, 1986
4.Income Tax- Harsh Provisions
5.Goods & Services Tax 
6.Abolition of FIPB
7.Arbitration
8.Amendment in Negotiable Instruments Act
9.Amendment to Reserve Bank of India Act
10.Formation of Payments Regulatory Board
11.Amendment in Securities Exchange Board of India (SEBI) Act
12.Proposed Merger for Advance Ruling Authority
13.Simplification, Rationalisation and Amalgamation of  Existing Labour Laws
14. Changes in Shops and Establishment Act 
to read about such proposed changes in law, please click here

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