SSC CGL Exam  >  SSC CGL Questions  >  What major taxation-related reform is introdu... Start Learning for Free
What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?
  • a)
    Increase in corporate tax rate
  • b)
    Concessional tax regime
  • c)
    Introduction of Minimum Alternate Tax (MAT)
  • d)
    Abolition of direct taxes
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What major taxation-related reform is introduced by the Taxation Laws ...
The Taxation Laws (Amendment) Ordinance 2019 introduced a concessional tax regime of 22% for all existing domestic companies from FY 2019-20 if they do not avail any specified exemption or incentive. This is aimed at promoting growth and investment.
View all questions of this test
Explore Courses for SSC CGL exam

Top Courses for SSC CGL

Question Description
What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? for SSC CGL 2025 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC CGL 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC CGL. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.
Here you can find the meaning of What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What major taxation-related reform is introduced by the Taxation Laws (Amendment) Ordinance 2019 for existing domestic companies?a)Increase in corporate tax rateb)Concessional tax regimec)Introduction of Minimum Alternate Tax (MAT)d)Abolition of direct taxesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice SSC CGL tests.
Explore Courses for SSC CGL exam

Top Courses for SSC CGL

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev