Category: Direct Tax Code

The Finance Min­is­ter in his Bud­get speech said that The Direct Tax­es Code Bill, 2010 has lapsed with the dis­so­lu­tion of the 15th Lok Sab­ha. Hav­ing con­sid­ered the report of the Stand­ing Com­mit­tee on Finance and the views expressed by the stakeholders,…

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The Direct Tax­es Code (DTC) Bill 2010 has lapsed with the dis­so­lu­tion of the 15th Lok Sab­ha, Par­lia­ment was informed on Fri­day. Finance Min­is­ter Arun Jait­ley con­veyed this to the Low­er House in a writ­ten reply in response to a…

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Finance Min­is­ter Arun Jait­ley is like­ly to announce the fate of the Direct Tax­es Code in next year’s Bud­get. The code aims to replace the five-decade old Income Tax Act, 1961 and Wealth Tax Act, 1957 in a sin­gle legislation.…

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