Task Force for drafting a New Direct Tax Legislation-Extension of term

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..... o draft a new direct tax law in consonance with economic needs of the country, the Government had constituted a Task Force vide Office Order in F No 370149/230/2017 dated November 22, 2017, the Terms of Reference being drafting an appropriate direct tax legislation keeping in view: (i) the direct tax system prevalent in various countries, (ii) the international best practices, (iii) the ec .....

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..... o 370149/230/2017 dated February 28, 2019, the term of the Task Force has been extended by a period of three months, i.e., the Task Force is required to submit its report by May 31, 2019. 4. The term of the Task Force is extended by a period of two months, i.e., the Task Force may be allowed to submit its report by July 31, 2019. 5. This issues with the approval of the Finance Minister. (Niraj .....

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