Month: November 2019

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Income Tax Act Taxation Laws Amendment, 2019 Key Changes / Amendments to take effect from June 1, 2018

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Key Changes Amendments To Take Effect

Key Changes Amendments To Take Effect

Key Changes / Amendments to take effect from June 1, 2018 The amendments under the Income tax Act, 1961 (“the Act”) have been discussed in the manner provided below: Amendments relating to Corporates Amendments relating to Individuals Amendments relating to Trusts Amendments relating to ICDS Amendments having impact on Foreign Currency Inflows Common Amendments Rates of Income tax (FY 2017-18 vs FY 2018-19) INDIVIDUALS: Persons FY 2017-18 FY 2018-19 Change Individuals (< 60 years – Resident) & N...

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