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Manufacturing companies face uncertainty as Budget mentions no extension of beneficial tax rate

According to tax experts, the budget documents are silent about extending the applicability of the Section 115BAB of the Income Tax Act. The section provides a beneficial tax rate of 15 percent to companies incorporated post 2019 and who begin their manufacturing before March 31, 2024. ....

Neha Aggarwal Jain , Amit Singhania , Union Budget , Income Tax , Areete Law , Budget 2024 , Manufacturing Companies , Modi Budget , Union Budget 2024 , Interim Budget 2024 , Pecial Tax Benefirs ,