Finance Bill 2024 Key Amendments

Finance Bill 2024 Key Amendments. The finance bill 2024 introduces amendments to enhance economic growth, domestic revenue mobilization, and tax administration in various sectors. The finance act 2024 amends the income tax act, the prohibition of benami property transactions act and the black money act.

A bill to make provision in connection with finance, sponsored by hm treasury and introduced in the house of commons in february 2024. Finance bill 2024 proposes changes in tax rates, deductions, exemptions, faceless scheme, and tcs.