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Blog / 04 Nov 2019

(Video) Rajya Sabha TV (RSTV) Laws in The Making: The Taxation Laws (Amendment) Ordinance, 2019

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(Video) Rajya Sabha TV (RSTV) Laws in The Making: The Taxation Laws (Amendment) Ordinance, 2019


Topic: The Taxation Laws (Amendment) Ordinance, 2019

Guest:

  • Subhomoy Bhattacharajee, (Consulting Editor, The Business Standard)
  • Sunil K. Garg, (Tax Expert)
  • Abhishek Raja Ram, (Member, Institute of Chartered Accountants of India)
  • Manish Garg, (Practicing Chartered Accountant)

Topic Description:

The government issued an Ordinance in September, making key changes to the Income Tax Act 1961, and the Finance (No. 2) Act 2019. The ordinance mainly provides an optional lower tax rate of 22% to Indian companies and a revised tax rate of 15% for new Indian manufacturing companies.

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Courtesy: RSTV