The FM has announced several fiscal measures to promote growth and investment in the country. The proposed changes announced in the press conference shall be effecting from Financial Year 2019-20. The Government shall bring in the Taxation Laws (Amendment) Ordinance, 2019 to make relevant amendments to the Income-tax Act, 1961 and the Finance (No. 2) Act, 2019. The Key takeaways from FM’s press conference are as follows:
from taxmann.com News https://www.taxmann.com/topstories/222330000000019410/key-takeaways-from-fm’s-press-conference-held-on-september-20-2019.aspx
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