Continuation of existing income-tax rates maintained for the fiscal year, with specified exemptions and duty continuance. The Finance Act, 1980 continues existing income-tax rates for the financial year with certain modifications and specified exemptions, and preserves ... Summary
Continuation of existing income-tax rates maintained for the fiscal year, with specified exemptions and duty continuance.
The Finance Act, 1980 continues existing income-tax rates for the financial year with certain modifications and specified exemptions, and preserves provisions relating to auxiliary duties of customs and special duties of excise for that year. The Act is titled Finance Act, 1980 and, except as otherwise provided, sections 2 and 3 commence on the first day of April, 1980.
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