THE House passed the Finance Bill 2020 which provides several tax breaks to cushion the impact of Covid-19, as provided for under Budget 2021.
The Bill seeks, among others, to amend several existing laws such as the Income Tax Act to provide higher tax deductions for those taking reskilling courses, buying smartphones and computers, and taking certain vaccinations including that for Covid-19.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!