Finance Act 2024. The key amendments are summarised as follows: Additionally, the finance act, 2020, introduces changes to the health cess, effective from october 1, 2024.
The following act of parliament received the assent of the president on the 16th august, 2024 and is hereby published for general information: The objective of the scheme is to, inter alia, reduce pending income tax litigation, generate timely revenue for the government and benefit taxpayers by providing them peace of mind, certainty and savings on account of time.