Ministry of law and justice, govt of india has notified the finance act, 2024 on 15th february 2024, after approval of the hon’ble president of india. In lok sabha on 9 th february, 2024,a discussion was held under rule 342 on a motion given by smt.
The finance bill, 2024 was also returned by rajya sabha on the same day. The finance bill formalises financial measures while also amending key statutes such as the rbi act, income tax act, companies act, and banking regulation act in line with the announced measures.
Feb 01 2023 | 4:24 Pm Ist.
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It Is A Part Of The Union Budget Documents, Stipulating All The Legal Amendments Required For The Changes In Taxation Proposed By The Finance Minister.
Memorandum explaining the provisions in the finance bill, 2024.
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Following The Finance Minister's Budget Speech In Lok Sabha, These Crucial Documents Are Promptly Published On The Official Website, Ensuring Swift And Widespread Dissemination Of Vital Financial.
It is a part of the union budget documents, stipulating all the legal amendments required for the changes in taxation proposed by the finance minister.
Calls For Tax Regime Simplification And Support For Msmes.
This bill, which could be about expenditure, revenues, and government borrowings, is part of the union budget and submitted to parliament for its approval.