Expenditure-tax rate reduction enacted; statutory rate lowered by amendment under the Taxation Laws (Amendment) Act. Amendment replaces the words in section 14 of the Expenditure-tax Act, 1987 by substituting the previously prescribed rate with a lower rate through the ... Summary
Expenditure-tax rate reduction enacted; statutory rate lowered by amendment under the Taxation Laws (Amendment) Act.
Amendment replaces the words in section 14 of the Expenditure-tax Act, 1987 by substituting the previously prescribed rate with a lower rate through the Taxation Laws (Amendment) Act, 2003, thereby altering the statutory expenditure-tax charging provision.
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