Updated on: Jul 13th, 2021
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2 min read
Updates from 21st June, 2017
The country will transition to the new tax regime on the midnight of June 30th, in an hour-long function that will showcase the contribution of all states in preparing the revolutionary new tax laws. The FM has also said that since the date for implementation was announced very early, businesses had no reason to not be ready for the new tax policy.
As reported in Economic Times
The country will transition to a new tax regime on June 30th. The FM mentions early announcement allowing businesses to be ready for the policy. The Economic Times highlights advancements for ITC claims.