The Budget Brief 2015 contains a review of economic scenario and highlights of Finance Bill 2015 as they relate to direct and indirect taxes and certain other laws.
The provisions of the Finance Bill 2015 are generally applicable from 01 July 2015, unless otherwise specified. The Budget Brief contains the comments, which represent our interpretation of the legislation, and we recommend that while considering their application to any particular case, reference be made to the specific wordings of the relevant statutes.
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