Income Tax Amendment Act 2024. Rate of tds on house rent payment of more than rs 50,000 per month cut to 2% from 5%. The income tax (amendment) act 2024 ( the amendment act ) was gazetted on 20 may 2024 and introduces several significant changes that are effective from the dates set out below.
Learn about changes in tax regimes, exemptions, and impacts on individuals, businesses, and trusts. The income tax (amendment) bill 2024 (โita amendment billโ) and labuan business activity tax (amendment) bill 2024 (โlbata amendment billโ) have been.