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Finance Bill and Finance Act - AslamK - 06-27-2009
All
Please advise on the following
1..what is difference between finance act and finance bill
2..When finance bill become finance act
thanks
Aslam
- faisal_desperado - 06-27-2009
The Finance Bill is introduced each year to give effect to the financial proposals of the provincial/federal Government for the next financial year, and includes a Bill to give effect to Supplementary financial proposals for any period and to amend certain laws.
When Finance bill is approved , after modification, rectification, alteration, emendation and amelioration, then the same become Finance act.
Best Regards,
- aliali - 06-29-2009
please differtiate b/w circular,SRO,notification?
please differtiate b/w income tax ordinance1979 & Income tax ordinance 2001?
What is income tax rule???