Can we know how every provision in income tax has arose? How every provision's calculation criteria has been determined? Is there any link or available source?
Plz help me.....
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https://indiabudget.nic.in/
Refer above link. There are budgets of various previous years. In that go to Memorandum and explanatory notes on amended provision/new proposal, etc.. It is very helpful to understand the logic as to why a new/amendment is brought into act.
As regards determination of tax slab is concerned, i think those are decisions of Ministry of Finance based on various factors.
yes of course u can. please ask the person who framed it!!!!!
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