Budget 2023: Income Tax Relief for Market Linked Debentures [Read Finance Bill]

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The finance minister Nirmala Sitharaman, in the Union Budget 2023 provided Income Tax Relief to Market Linked Debentures. The proposed amendment brought out by the Union Budget will take effect from the 1st day of April 2024 and shall apply to the assessment year 2024-25 and subsequent assessment years. As per the Finance Bill, a…

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