on Income Tax

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Amidst the brouhaha surrounding the removal and a sort of re-introduction of the indexation benefit on the sale of capital goods, the Finance (No.2) Bill, 2024 (‘the Finance Bill') was introduced in Lok Sabha on August 6, 2024, for consideration and passed on August 7, 2024.

Withholding tax in Turkey is a crucial component of the country's taxation system, impacting businesses, investors, and foreign entities operating within its borders.