Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income Tax Act Section 115BBA Amended: Non-Resident Entertainers' Income Taxable, Tax Rate Raised to 20%.</h1> Section 115BBA of the Income-tax Act was amended effective April 1, 2013, by the Finance Act, 2012. The amendments include adding a new clause (c) to sub-section (1), which specifies that income received by non-resident entertainers from performances in India is taxable. The amendment also changes references from 'clause (a) or clause (b)' to 'clause (a), (b), or (c)' throughout the section. Additionally, the tax rate in clause (i) of sub-section (1) is increased from ten percent to twenty percent. These changes expand the scope of taxable income and adjust applicable tax rates.