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REVISED DTC BILL
Budget 2015: Government drops DTC, sees no merit in going ahead with new lawThe DTC was first mooted in 2008 to overhaul the five-decade-old Income Tax Act to facilitate voluntary tax compliance and reducing litigat...- DTC draft retains exemption limit; proposes 35% super-rich taxThe revised draft of DTC Bill has retained the income tax exemption limit at Rs 2 lakh and introduced a fourth slab of 35% on super-rich.
- Budget 2013: Revised DTC Bill likely in budget sessionIn his February 28 speech, FM will take credit for several decisions such as allowing FDI in retail and civil aviation and decontrolling fu...
- Revised DTC Bill in the offingThe Parliamentary panel had suggested raising the annual income exemption tax limit to Rs 3 lakh as against Rs 2 lakh proposed in the origi...
- DTC 3.0: Seven personal taxation areas that need a changeWhile filing the return has been simplified, computing the taxable income, calculating the tax and preparing the return are still mired in ...
- Budget 2012: MPs want IT exemption limit hiked to Rs 5 lakhSome members of a Parliamentary panel scrutinising the DTC Bill today pressed for raising the income tax exemption limit to Rs 5 lakh per a...
- Budget 2011: Indian Merchants' Chamber for Gifts to be treated as IncomeIMC says, in light of the measures proposed in the revised DTC Bill, it is necessary that none of the proposals contained in the DTC should...
- GST could be introduced some time next fiscal, hints finance ministryThe finance ministry on Monday indicated that the proposed indirect taxes regime may be rolled out sometime during 2011-12.
- New DTC brings relief to jewellersThe revised Direct Tax Code (DTC) has removed a clause that gave wide powers to investigating officers conducting raids on jewellers, thus ...
- EEE to stay, no tax on withdrawal of savingsFor individuals, the bill has proposed to continue with EEE method of taxation on investments up to Rs 3 lakh in a fiscal year in provident...
- Cabinet nod to DTC bill; exemption limit upped to Rs 2 lakhThe Cabinet on Thursday cleared decks for tabling the legislation in the Monsoon Session so that the new Act may come into effect from next...
- Cabinet may take up Direct Taxes Code Bill tomorrowThe 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...
- DTC Bill in current session of Parliament: OfficialThe govt plans to introduce Direct Taxes Code Bill, which will replace Income Tax Act, in the current session of Parliament.
- DTC bill in monsoon session of Parliament: Pranab MukherjeeFinance Minister Pranab Mukherjee said on Thursday that the government would introduce the Direct Taxes Code (DTC) Bill, that will simplify...
- Taxability of income from house property set to changeSome important concerns raised by various stakeholders on the DTC Bill, 2009, have been considered by the government and proposed changes i...
- DTC, GST Bills likely in Monsoon session: Revenue SecyThe government on Tuesday said the direct taxes code Bill and a constitutional amendment bill to implement the goods and services tax are l...
- Govt drops plan to tax PF withdrawalsIn a major relief to the middle class, the Centre has proposed to drop earlier suggestions of taxing withdrawals from provident funds, pens...
- Govt drops plan to tax PF, pension funds withdrawalsIn a major relief to the middle class, the Centre has proposed to drop earlier suggestions of taxing withdrawals from provident funds.
- Revised DTC draft in first week of June: Revenue SecretaryHe was hopeful of DTC becoming a law by the next Budget session. "By Budget session, it should be a law," Mitra said.
- Revised draft of Direct Taxes Code in 1-2 months: CBDT chiefThe government on Wednesday said that the revised draft of the Direct Taxes Code (DTC), aimed at simplifying the tax structure, would be re...
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