Decoding Section 115 BAB of Income Tax Act

Vaibhav Singh , Last updated: 22 May 2022  
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An Insight into New Section 115 BAB The government has introduced a favourable tax regime for new manufacturing companies. The Taxation Laws (Amendment) Ordinance, 2019 passed on 20 September 2019 has inserted Section 115BAB offering a low tax rate of 15% (plus surcharge and cess) to new manufact

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Vaibhav Singh
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Category Income Tax   Report

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