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Income tax rule changes effective from Oct 1
October 01, 2024
|The New Indian Express
IN the Budget 2024, finance minister Nirmala Sitharaman announced several modifications to income tax rules, some of which will take effect starting October 1, 2024.
The updates include taxation on share buybacks, Aadhaar card, Securities Transaction Tax (STT), tax deducted at source (TDS) rates, and the introduction of the Direct Tax Vivad Se Vishwas Scheme 2024, all of which are part of the Finance Bill 2024.
From Oct 1, the sum paid by a domestic company for buyback of its own shares will be taxable as dividend in the hands of shareholders who received payment from such buyback and will be taxable at applicable rates.
هذه القصة من طبعة October 01, 2024 من The New Indian Express.
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The New Indian Express
Sparks fly as Kharge, Rijiju argue on Iran crisis debate
A heated exchange of words erupted in the Rajya Sabha between Leader of Opposition Mallikarjun Kharge and Union Parliamentary Affairs Minister Kiren Rijiju on Wednesday after the Congress chief demanded a discussion on the West Asia conflict, which he said has led to an LPG shortage and rise in cylinder prices.
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Seat fight roils Cong, Manickam Tagore quits as poll panel head
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SC stays trial in DA case against Duraimurugan
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Discover Gujarat's Samrat Samprati Museum
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AIFF ethics panel overhaul post HC order
THE Delhi High Court on Wednesday has reconstituted the All India Football Federation’s (AIFF) ethics committee after complaints over the appointment of two new members by Churchill Brothers FC Goa.
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