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
Income-tax provision expanded to include inland vessels, extending section 115VK coverage effective next fiscal year. The amendment inserts the words "or inland vessels, as the case may be" after "being ships" in section 115VK(2) of the Income-tax Act, thereby extending ... Summary
Income-tax provision expanded to include inland vessels, extending section 115VK coverage effective next fiscal year.
The amendment inserts the words "or inland vessels, as the case may be" after "being ships" in section 115VK(2) of the Income-tax Act, thereby extending the provision that referred to ships to also cover inland vessels; the change is effected by the Finance Act, 2025 and comes into force from 1 April, 2026.
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