VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA - Finance Act, 2025
VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA - Finance Act, 2025
Amendment to Section 45 removes the phrase linking subsection (1B) to the fourth and fifth provisos, effective next fiscal year. Amendment to Section 45(1B) of the Income-tax Act omits the words "on account of the applicability of the fourth and fifth provisos thereof," with effect ... Summary
Amendment to Section 45 removes the phrase linking subsection (1B) to the fourth and fifth provisos, effective next fiscal year.
Amendment to Section 45(1B) of the Income-tax Act omits the words "on account of the applicability of the fourth and fifth provisos thereof," with effect from 1 April 2026, thereby removing the explicit textual reference in that subsection to the fourth and fifth provisos.
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