Page 14 - Union Budget_2019

Union Budget 2019
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1
Inter-changeability of PAN & Aadhaar and mandatory quoting in
43 Prospective September
prescribed transactions.
2019
st
1
44 Consequence of not linking PAN with Aadhaar Prospective September
2019
1
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45 Widening the scope of Statement of Financial Transactions (SFT) Prospective September
2019

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Relaxation in conditions of special taxation regime for offshore 1 April
46 Prospective
funds 2019
1 April,
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47 Incentives for start-ups Prospective
2020
1st April,
48 Rationalisation of the provisions of section 276CC Prospective
2020
1st
Rationalisation of provision relating recovery of tax in pursuance
49 Prospective September,
of agreements with foreign countries
2019

1st
Enhancing time limitation for sale of attached property under
50 Prospective September,
rule 68B of the Second Schedule of the Act
2019

Rationalisation of the Black Money (Undisclosed Foreign Income 1st July,
51 Retrospective
and Assets) and Imposition of Tax Act, 2015 2015

1st
Rationalisation of the Black Money (Undisclosed Foreign Income
52 Prospective September
and Assets) and Imposition of Tax Act, 2015
2019
1st June,
53 Rationalisation of the Income Declaration Scheme, 2016 Retrospective
2016
1st
Rationalizing the provisions of the Prohibition of Benami
54 Prospective September,
Property Transactions Act – Section 23
2019

1st
Rationalizing the provisions of the Prohibition of Benami
55 Retrospective November,
Property Transactions Act – Other sections
2016

Extension of tax concession to The Special Undertaking of the 1 April,
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56 Prospective
Unit Trust of India (SUUTI) 2019

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