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Memorandum in fianance bill

Manoj Kumar

Genrally there are four parts of the finance bill, speech of finance minister, Finance bill, notes on caluse and memorandum. What for memorandum stands for.

Purpose of Memorandum in Finance Bill Clarified: Serves as Summary of Changes Made or Proposed in Bill or Notifications. A discussion was initiated regarding the components of a finance bill, specifically questioning the purpose of the memorandum. It was clarified that the memorandum serves as a summary of changes made or proposed in the bill or notifications. (AI Summary)
Income Tax
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Surender Gupta on Mar 11, 2008
It is a summary of changes made or proposed in the bill or notifications.
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