Finance Bill immediate effect: sub-clause (a) of clause 107 enforced under Provisional Collection of Taxes Act. The declaration applies the Provisional Collection of Taxes Act, 2023 to give immediate effect to sub-clause (a) of clause 107 of the Finance (No. 2) ... Summary
Finance Bill immediate effect: sub-clause (a) of clause 107 enforced under Provisional Collection of Taxes Act.
The declaration applies the Provisional Collection of Taxes Act, 2023 to give immediate effect to sub-clause (a) of clause 107 of the Finance (No. 2) Bill, 2024, recording that provisional application is expedient in the public interest and thereby enabling the provisional enforcement mechanisms authorized by the Act for that specific Bill provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.