Bombay HC: Clarifies Procedure for Executing Foreign Decrees  ||  Supreme Court: Bureaucratic Delay No Excuse  ||  Supreme Court Grants Full Disability Pension Arrears to Veterans  ||  Delhi HC: Workman Cannot Claim Section 17(B) of the ID Act Wages after Reaching Superannuation Age  ||  Allahabad HC: Caste by Birth Remains Unchanged Despite Conversion or Inter-Caste Marriage  ||  Delhi High Court: Tweeting Corruption Allegations Against Employer Can Constitute Misconduct  ||  Delhi High Court: State Gratuity Authorities Lack Jurisdiction over Multi-State Establishments  ||  Kerala High Court: Arrest Grounds Need Not Mention Contraband Quantity When No Seizure is Made  ||  SC: Silence During Investigation Does Not Ipso Facto Mean Non-Cooperation to Deny Bail  ||  Supreme Court: High Courts Cannot Re-Examine Answer Keys Even in Judicial Service Exams    

President Promulgates Taxation Laws (Amendment) Ordinance, 2019 - (23 Sep 2019)

DIRECT TAXATION

President has promulgated the Taxation Laws (Amendment) Ordinance 2019 to bring into effect the slew of corporate tax rate cuts announce by the Government. The Ordinance amends the Income Tax Act, 1961 and the Finance (No. 2) Act, 2019 to give any domestic company an option to pay income tax at the rate of 22% subject to condition that it will not avail itself of any exemption or incentive.

Tags : PRESIDENT   TAXATION LAWS (AMENDMENT) ORDINANCE   2019  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved