Daily Archives: September 20, 2019

37th GST Council meeting Decisions on 20.09.2019

By | September 20, 2019
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37th Meeting of the GST Council, Goa 20 September, 2019 *** PRESS RELEASE (Law and Procedure related changes) The GST Council, in its 37th meeting held today at Goa, recommended the following: 1. Relaxation in filing of annual returns for MSMEs for FY 2017-18 and FY 2018-19 as under: a. waiver of the requirement of… Read More »

Category: GST

Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs

By | September 20, 2019
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Ministry of Finance Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs Posted On: 20 SEP 2019 The Government has brought in the Taxation Laws (Amendment) Ordinance 2019 to make certain amendments in the Income-tax Act 1961 and the Finance (No. 2) Act 2019.… Read More »