Finance Bill 2014-15 : 25 Direct Tax Law Changes Everyone May Not Like !


The ten good tax proposals out of budget 2014 was earlier posted on this site . So , fine print of Finance Bill 2014 shows that there are many changes proposed in the Income Tax Act which may not be liked by many people. Some are hurting common tax payers, whereas some are specific to plug the loophole ( good in my opinion ) and some are just to overcome courts view point. Then many new powers are assigned to income tax authorities . So here are selected 25 tax proposals which will some how effect various stakeholders . Watch the video first and then read the explanation :

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