https://www.taxtmi.com/acts?id=45929 The Income-tax Act amendment includes interest on National Savings Certificates (First Issue) within the taxable base for compensation and related payments by inserting references to that interest into the clauses governing the amount subject to tax, and directs that tax on both the compensation (or other payment) and that interest be computed under the existing tax computation provisions applicable to such receipts. en-us Thu, 05 Dec 2024 16:46:16 +0530 Thu, 05 Dec 2024 16:46:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45929 The Income-tax Act amendment includes interest on National Savings Certificates (First Issue) within the taxable base for compensation and related payments by inserting references to that interest into the clauses governing the amount subject to tax, and directs that tax on both the compensation (or other payment) and that interest be computed under the existing tax computation provisions applicable to such receipts. Act-Rules F. Acts / Amendment Acts Thu, 05 Dec 2024 16:46:16 +0530 https://www.taxtmi.com/acts?id=45929