TaxTMI 
TaxTMI 
No Extension of the Financial Year
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....o Extension of the Financial Year <br>News and Press Release<br>Dated:- 31-3-2020<br><BR>There is a fake new circulating in some section of media that the Financial Year has been extended. A notificat....
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....ion issued by the Government of India on 30th March 2020 with respect to some other amendments done in the Indian Stamp Act is being misquoted. There is no extension of the Financial Year. The Financ....
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....e ministry said that a notification has been issued by the Department of Revenue, Ministry of Finance on 30th March, 2020 which relates to certain amendments to the Indian Stamp Act. It pertains to pu....
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....tting in place an efficient mechanism for collection of Stamp Duty on Security Market Instruments transactions through Stock Exchanges or Clearing Corporation authorized by Stock Exchanges Depositorie....
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....s. This change was earlier notified to be implemented from 1st April, 2020. However, due to the prevailing situation, it has been decided that the date of implementation will now be postponed to 1st J....
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....uly 2020.<BR> News - Press release - PIB....