New I-T invoice could also be launched in Home on Tuesday

NEW DELHI: Finance minister Nirmala Sitharaman is more likely to introduce the brand new revenue tax invoice in Parliament on Tuesday, with the laws more likely to be referred to a standing committee for examination.
“I hope to have it launched in Lok Sabha within the coming week. The method is the committee offers its advice, it comes again, after which the federal government, by the Cupboard, takes a name on whether or not these amendments are to be taken in, or a few of them, or extra have to be,” she informed reporters after addressing the RBI board assembly.

“It is solely after that it once more goes to Parliament. So, as soon as Parliament passes, it’s after they determine on when finest to roll it out from,” the FM added, a day after the Cupboard accredited the invoice.
The new laws, for which work started in July, goals to simplify the legislation, make it extra concise.