Interim Budget 2024: Centre withdraws outstanding tax demands!
Thu, Feb 1, 2024 4:07 PM

Interim Budget 2024: Centre withdraws outstanding tax demands!

A Flip by Avya Verma
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Finance Minister Nirmala Sitharaman where on the one hand left the direct and indirect tax rates unchanged, on the other, she withdrew the outstanding direct tax demands for select financial years in the past. The Interim Budget 2024 proposes to withdraw such tax demands up to Rs 25,000 till the financial year 2009-10, and up to Rs 10,000 for five financial years till March 2015.

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