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Amendment of Act 28 of 2016.

Clause 150 - Bills - AMENDMENTS TO THE FINANCE ACT, 2016 - FINANCE BILL, 2017 - Clause 150 - PART X AMENDMENTS TO THE FINANCE ACT, 2016 150. In the Finance Act, 2016,- (i) in section 50, for the words, figures and letters with effect from the 1st day .....

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with effect from the 1st day of June, 2016. - Declaration under the Provisional Collection of Taxes Act, 1931 It is hereby declared that it is expedient in the public interest that the provisions of clauses 109(a), 110, 118 and 146 of this Bill shall .....

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2 of Income-tax Act to provide that with effect from the 1st day of April, 2017, the long-term capital gains arising from transfer of a capital asset being shares of a company not being a company in which the public are substantially interested, shal .....

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