First schedule to finance act 2022
WebThis Act may be cited as the Finance Act, 2024 and shall come into operation or be deemed to have come into operation as follows – (a) sections 3, 6, 11, 15, 16, 21(b) and 31, on the 1st January, 2024; and (b) all other sections, on the 1st July, 2024. PART II –INCOME TAX Amendment of section 2 of Cap. 470. 2. Section 2 of the Income Tax Act is WebThis is the original version (as it was originally enacted). 1. Income tax charge for tax year 2024-23. 2. Main rates of income tax for tax year 2024-23. 3. Default and savings rates of income tax for tax year 2024-23. 4. Increase in rates of tax on dividend income.
First schedule to finance act 2022
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Web—The provisions of the Income-tax Act relating to procedure for assessment (including the provisions of section 288A relating to rounding off of income) shall, with the necessary … WebExplanation. —For the purpose of item 1(b)(i) of this Part, "investment income" and "non-resident Indian" shall have the meanings assigned to them in Chapter XII-A of the Income-tax Act.Surcharge on income-tax. The amount of income-tax deducted in accordance with the provisions of— (a) sub-item (a) of item 1 of this Part shall be increased by a …
WebShort title. 1 This Act may be cited as the Appropriation Act No. 5, 2024 – 23.. $4,680,112,624 granted for 2024–23. 2 There may be paid out of the Consolidated Revenue Fund a sum not exceeding in the aggregate $ 4,680,112,624 towards defraying the various charges and expenses of the federal public administration for the fiscal year ending … Web1. (1) This Act may be called the Finance Act, 2024. (2) Save as otherwise provided in this Act, (a) sections 2 to 85 shall come into force on the 1st day of April, 2024; (b) sections …
WebApr 12, 2024 · The Finance Bill, 2024 (“The Bill”) was published on 12 April 2024 and tabled in Parliament on 13thApril 2024. The Bill has proposed amendments to various tax statues and other laws regulating the financial sector. WebOn 21 June 2024, Kenya's President assented into law the Finance Act, 2024 (the Act). The Act has amended various tax laws including: the Income Tax Act (ITA), The Value Added Tax Act, 2013 (VAT Act), Excise Duty Act, Tax Procedures Act, 2015 (TPA), and the Miscellaneous Fees and Levies Act.
WebSCH-01 - THE FIRST SCHEDULE - Finance Act, 2024 x x x x x Extracts x x x x x ..... , (viii) the loss so computed for the previous year relevant to the assessment year …
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