https://www.taxtmi.com/acts?id=32145 Section 3 is renumbered as sub section (1) and its baseline sum is increased; a new sub section (2) mandates that salary and daily allowance be increased at regular intervals commencing from 1st April, 2023 on the basis of the Cost Inflation Index in the Explanation to section 48 of the Income tax Act, 1961, establishing an index linked revision mechanism. en-us Mon, 19 Mar 2018 16:34:45 +0530 Mon, 19 Mar 2018 16:34:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32145 Section 3 is renumbered as sub section (1) and its baseline sum is increased; a new sub section (2) mandates that salary and daily allowance be increased at regular intervals commencing from 1st April, 2023 on the basis of the Cost Inflation Index in the Explanation to section 48 of the Income tax Act, 1961, establishing an index linked revision mechanism. Act-Rules F. Acts / Amendment Acts Mon, 19 Mar 2018 16:34:45 +0530 https://www.taxtmi.com/acts?id=32145