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Notes on clauses-Indirect Tax Dispute Resolution Scheme,2016

Notes-12 - Bills - Notes on clauses - FINANCE BILL, 2016 - Notes-12 - Indirect Tax Dispute Resolution Scheme, 2016. Clauses 209 to 215 of the Bill seeks to insert new Chapter XI to provide for the Indirect Tax Dispute Resolution Scheme, 2016. The sai .....

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applicable to the declarations made upto the 31st day of December, 2016. Clauses 216 to 220 of the Bill seeks to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to amend section 2 of the Act so as to insert therein ce .....

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an increasingly complex economy and to maintain price stability. The proposed new Chapter inter alia provides that,- (i) the Central Government shall, in consultation with the Bank (Reserve Bank of India), determine the inflation target in terms of .....

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y Governor of the Bank, one officer of the Bank to be nominated by the Central Board and three persons be appointed by the Central Government as Members to the Committee; (iii) section 45ZC to 45ZG deals with the terms and conditions of Members of th .....

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