Bonus Depreciation 2024 Rules In India

Bonus Depreciation 2024 Rules In India. This is down from 80% in 2023. One of the allowable deductions under the income tax act is.


Bonus Depreciation 2024 Rules In India

 โ€” starting in 2023, this benefit has decreased to 80% and will drop as follows over the next several years: The payment of bonus act, 1965 provides for a minimum bonus of 8.33 percent of wages.

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