Quick facts about the amendment of Sec 21 (1)of income tax Act!

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FACT ONE; The Income Tax Amendment Bill 2016 was passed by Parliament and sent to President for his assent. In May 2016, the President sent it back to Parliament asking them to reconsider the controversial proposal regarding “exempting employment income of Members of Parliament EXCEPT Salary” Read more here quick-facts-about-the-amendment-of-sec-21-of-the-income-tax-act-2

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