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You Searched For "Direct Tax Code" and got 16 results


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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

PTI   


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A government taskforce wants to bring more migrant Indians into the tax net

The committee recommended the government to change the residence rule. Currently, an individ…

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Indian economists tell Finance Minister Nirmala Sitharaman to simplify GST and direct taxes

The economists were optimistic about the India growth story and put forward ways through which …

PTI   


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Direct taxes in India will be a lot simpler if Nirmala Sitharaman accepts these 3 proposals

The panel has proposed to alter tax brackets, revamp the Income Tax Act and make it tax-payer…

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Rural distress can be addressed via infra building, demand boost by PM Kisan, MGNREGA: Survey

They also said an online platform should be developed to help banks accelerate the SME lending pro…

PTI   


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No tax proposed on annual income up to ₹500,000

The middle-class in India has been hit hard by several indirect taxes, rising prices, and income ha…

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Consumption slump just a phase; neighbourhood shops hit hard, says Harsh Mariwala

The economic growth slowdown is a "reality" but all should keep a forward-looking approach to c…

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Par panel asks govt to prevent misuse of input tax credit under GST as collection slows

New Delhi, Dec 10 () A Parliamentary panel on finance on Tuesday observed that the Goods and Servic…

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Budget-making team of Finance Ministry short of two key officials

New Delhi, Dec 8 () The budget-making team of the Finance Ministry is short of two key officials, i…

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New income tax slabs 2020, income up to ₹5 lakh exempt

New tax slabs have been proposed by the Direct Tax Code panel to boost consumption and investment. …

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Here’s what people expect on income tax from the upcoming Indian budget

Last year’s budget did not alter the income tax slabs in any way and the exemption limit and the…

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Indian Economy Not Mature Enough To Handle GAAR: ASSOCHAM

“The introduction of a fresh law with new concepts and new thoughts in the form of DTC will only un…

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The long and the short of tax proposals in Budget for 2015-16

“The finance minister has delivered on expectations in terms of bringing a much needed benign trend…