INTRODUCTION
We are pleased to present the latest edition of Tax Street
– our newsletter that covers all the key developments and
updates in the realm of taxation in India and across the globe for
the month of September 2019.
The 37th GST Council meeting held in Goa on 20 September 2019
announced major tax reforms for the corporate sector in general and
the manufacturing industry in particular. Following the
announcements, Indian Government passed Taxation Laws (Amendment)
Ordinance, signifying a major shift in the Indian tax Scenario. In
this light -
- The 'Focus
Point' section elucidates various reforms introduced
by the council meeting, while sharing the expected impact it will
have on the corporates, the industry and the economy overall.
