Download or read book Taxmann's Analysis | Changes Proposed in the Income-tax Act by the Finance Bill 2024 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-02-02 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024-25 in the Parliament on February 01, 2024. No significant tax announcements were proposed, with only a few necessary proposals introduced concerning Income Tax and GST. The changes proposed in the Finance Bill 2024 about the Income-tax Act have been discussed in this article, which includes: ‣ TCS provisions proposed to be amended to align them with the Govt.'s Press Release ‣ Extension of sunset dates under various provisions ‣ Withdrawal of small outstanding direct tax demands