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of <h1>India Extends Deadline for New Direct Tax Legislation Report to July 31, 2019, by Task Force.</h1> The Government of India constituted a Task Force to draft a new direct tax legislation, considering international best practices and the country's economic needs. Initially formed in November 2017, it was reconstituted in November 2018, allowing for additional members if necessary. The Task Force's deadline to submit its report was first extended from February 28, 2019, to May 31, 2019, and now further extended to July 31, 2019. This extension was approved by the Finance Minister, as noted in the office order issued by the Central Board of Direct Taxes.
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