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Full Version: Restriction on Non Filers for Investment & Car Purchases
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Restriction on Non Filers for Investment & Car Purchases

The Tax Laws (Amendment) Bill 2024 introduces transformative changes aimed at regulating economic transactions and enhancing tax compliance. Among its significant inclusions is Section 114C, titled “Restriction on Economic Transactions by Certain Persons.” This section imposes restrictions on economic activities of individuals or entities classified as “ineligible persons,” with an overarching goal of strengthening tax […]


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