The Cabinet on Thursday cleared decks for tabling the legislation in the Monsoon Session so that the new Act may come into effect from next...

The Cabinet is likely to take up tomorrow the Direct Tax Code Bill, which aims at simplifying rules and structure of income tax from next f...

The govt plans to introduce Direct Taxes Code Bill, which will replace Income Tax Act, in the current session of Parliament.

Finance Minister Pranab Mukherjee said on Thursday that the government would introduce the Direct Taxes Code (DTC) Bill, that will simplify...

The Finance Ministry indicated that the revised Direct Taxes Code draft may stick to denying tax sops to special economic zones (SEZs).

Life insurers will soon approach the Finance Ministry over the revised Direct Taxes Code (DTC) draft proposal to tax investments in unit-li...

The introduction of the DTC, which will replace the 50-year-old Income Tax Act.

The RDP has done away with the narrow and subjective rule for determining the tax residence of foreign companies.

The Finance Ministry today said the revised DTC will not entail any revenue loss.

In a major concession to the industry, the government on Tuesday proposed in its revised draft of the Direct Tax Code (DTC) that the Minimu...

In a major relief to the middle class, the Centre has proposed to drop earlier suggestions of taxing withdrawals from provident funds, pens...

The government has proposed to tax the income of FIIs from the sale and purchase of securities as capital gains under the proposed Direct T...

He was hopeful of DTC becoming a law by the next Budget session. "By Budget session, it should be a law," Mitra said.

The govt has identified nine areas of concern in the Direct Taxes Code (DTC) draft, and they would be taken into consideration while it is ...

The government on Wednesday said that the revised draft of the Direct Taxes Code (DTC), aimed at simplifying the tax structure, would be re...

The government has assured India Inc that it would come out with a revised direct taxes code (DTC) draft and seek their comments before fin...

Finance Minister Pranab Mukherjee today assured India Inc that the Government would come out with a revised direct taxes code (DTC) draft a...