Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the Income-tax Act, 1961 has been amended to allow rebate to tax resulting in no tax liability to persons having income up to Rs. 7 lakh. (1/5) #PromisesDelivered"
Mumbai (Maharashtra) [India], Nov 29 (ANI): Hindustan Construction Company (HCC) has won a challenge in the Supreme Court for setting aside Section 87 of the Arbitration and Conciliation Act.