Task force on Direct Tax Code submits report to FM Nirmala SitharamanThe task force was supposed to submit its report by May 31, but the then finance minister Arun Jaitley gave two months extension to complet...
19 Aug, 2019, 10.41 PM IST
View: Will the new direct tax code act as a stimulus in lifting the economyDTC would be the foundation of India’s new direct tax law that will replace the nearly 60-year-old law that has seen 2,500-odd amendments.
01 Aug, 2019, 11.49 PM IST
Task force on Direct Tax Code to submit report by July 31: FM Nirmala SitharamanThe new direct tax code is set to replace the existing Income Tax Act.
18 Jul, 2019, 09.07 PM IST
Panel to overhaul Direct Tax law seeks 3 months extensionThe task force was scheduled to submit the report by February 28.
27 Feb, 2019, 05.03 PM IST
Panel to overhaul Direct Tax law seeks 3 months extensionThe Finance Ministry in November last year appointed Akhilesh Ranjan, Member, CBDT, as convenor of the task force after the retirement of A...
27 Feb, 2019, 03.56 PM IST
Panel to redraft I-T Act to focus on removing ambiguities, unlikely to suggest rate changesIn September last year, Prime Minister Narendra Modi, had said in an event that the Income-tax Act, 1961 needs to be redrafted.
04 Dec, 2018, 07.55 PM IST
Panel to overhaul, simplify Direct Tax laws to submit report by Feb 28The ministry had in November last year set up a 6 member task force tob rewrite the over 50 year old Income Tax laws.
26 Nov, 2018, 07.17 PM IST
Direct taxes code task force to be reconstitutedThe task force was set up on November 22, 2017, following Prime Minister Narendra Modi’s observation at Rajaswa Gyan Sangam that the Income...
10 Oct, 2018, 07.21 AM IST
Government appoints 2 new CBDT membersThe Appointments Committee of the Cabinet has approved the appointment of Aditya Vikram and Pramod Chandra Mody as the CBDT members.
07 Aug, 2018, 01.36 PM IST
Time for comments on redrafting direct tax laws extended till June 15The government had last week extended the term by three months, till August end, of the direct tax task force chaired by CBDT member Arvind...
28 May, 2018, 07.50 PM IST
Task force to review I-T laws gets 3 months more till Aug to finalise reportIn March, the task force had sought stakeholders' feedback on their experience of filing income returns on the I-T portal as well as scruti...
22 May, 2018, 10.00 PM IST
We don’t need no taxes, we are like this only!For most Indians, tax evasion is the law.
21 Dec, 2017, 12.23 PM IST
Government sets up a panel to draft new direct tax lawThe move, ahead of the Budget, signals the government’s intent to have a simple and clean act, and the simplification could mean policy cha...
22 Nov, 2017, 05.51 PM IST
Arvind Kejriwal steals Narendra Modi's thunder on TV, social mediaThe performance of the Aam Aadmi Party (AAP) in the Delhi assembly elections was beyond expectations.
03 Jan, 2014, 10.48 AM IST
- ‘New code will reduce tax litigation’
The new direct tax code will reduce litigations on tax issues, a finance ministry official said in the Capital on Thursday. “Our objective ...
28 Aug, 2009, 04.03 AM IST
- Govt to set up centralised offices for I-T notices, refunds
In order to reduce the interface between taxpayers and revenue officials, the government will soon introduce a centralised system for issui...
01 Mar, 2008, 10.00 PM IST
- Tax experts criticise FBT
The controversial fringe benefit tax came in for scathing attack from experts on Friday with many terming it a "hasty process of legislatio...
14 Oct, 2005, 01.50 PM IST