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...