As such there are expectations that finance minister Arun Jaitley will announce tax rebates and incentives to encourage transactions through cards and digital means. Some experts believe that the finance minister may also announce measures to tax cash withdrawals from banks above a threshold. As such there are expectations that finance minister Arun Jaitley will announce tax rebates and incentives to encourage transactions through cards and digital means. Some experts believe that the finance minister may also announce measures to tax cash withdrawals from banks above a threshold. Income Tax 27 Jan, 2017 After GST, direct tax reforms may also be in focus in this year's budget.

Source: Economic Times January 28, 2017 18:31 UTC