00:00I propose that any interest awarded by the Motor Accident Claims Tribunal
00:23to a natural person will be exempt from income tax
00:28and any TDS on this account will be done away with.
00:34I propose to reduce TCS rate on the sale of overseas tour program package
00:41from the current 5% and 20% to 2% without any stipulation of amount.
00:48I propose to reduce TCS rate for pursuing education and for medical purposes
00:55under the Liberalized Remittance Scheme.
00:58Popularly known as LRS from 5% to 2%.
01:04Supply of manpower services is proposed to be specifically brought within the ambit
01:10of payment to contractors for the purpose of TDS to avoid ambiguity.
01:16TDS on sale of immobile property by a non-resident is proposed to be deducted and deposited through resident buyers
01:26and his or her PAN-based Chalan instead of requiring a TAN, which is a temporary accounting number.
01:34I propose to give you a chance.
01:36I propose to give you a chance of the financial tax, which is a temporary tax, as I said.
01:40I propose to give you a chance of the financial tax, as I will give you an additional tax.
01:42Thank you very much.
02:12Thank you very much.
02:42Thank you very much.
03:12Thank you very much.
03:42Thank you very much.
04:12Thank you very much.
04:42Thank you very much.
05:12Thank you very much.
05:42Thank you very much.
06:12Thank you very much.
06:42Thank you very much.
07:12Thank you very much.
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