Income Tax Amendment Act 2024. This amendment, now effective from january 15, 2024, broadens the scope of income tax exemptions to include terminal payouts received by both employees and pensioners, applicable to retirement and certain early withdrawals. Income tax amendment act, 2024 promulgated after a long waiting period,.


Income Tax Amendment Act 2024

On 6th may 2024, the parliament amended tax laws under the income tax ordinance, 2001,. The finance (no 2) act 2024 has been notified on 16 th august 2024.

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