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Month: October 2019

The Taxation Laws (Amendment) Ordinance, 2019
October 22, 2019 / Taxation

The Taxation Laws (Amendment) Ordinance, 2019

The Taxation Laws (Amendment) Ordinance, 2019 was promulgated on September 20, 2019. The Ordinance amends the Income Tax Act, 1961, and the Finance (No. 2) Act, 2019. The Ordinance provides domestic companies with an option to opt for lower tax rates, provided they do not claim certain deductions.  It also amends certain provisions regarding levy …

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The Companies (Amendment) Bill, 2019
October 5, 2019 / Company incorporation in India

The Companies (Amendment) Bill, 2019

The President of India has given its assent to the Companies (Amendment) Bill, 2019, which further amends the Companies Act, 2013 (the Act). The Companies (Amendment) Bill, 2019 has been now published in the Official Gazette on 31 July 2019 as the Companies (Amendment) Act, 2019 (the Amendment Act).The Amendment Act has taken into consideration …

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