Income Tax Act 2024. Press release, extends various sunset dates, and withdraws small tax demands to enhance taxpayer ease and support education, medical treatment remittances. The finance act sections 1 to 99 (page 1 to 54) amends income tax act, section 158 (page 68 to 69) amends prohibition of benami property transactions act and section 164.
Key changes include revised personal. The income tax (amendment) act 2024 ( the amendment act ) was gazetted on 20 may 2024 and introduces several significant changes that are effective from the dates set.
